Chartered Financial Planner Craven Street Wealth has completed its acquisition of Punter Southall Aspire’s Financial Planning division which was announced in January.

The FCA said today that it would step up its efforts to tackle misconduct such as bullying and sexual harassment at regulated firms.

Private equity investor Pollen Street Capital is to acquire SIPPs and Financial Planning firm Mattioli Woods in a £432m deal announced today.

Three in five (60%) women have failed to do any pension planning outside workplace auto-enrolment, according to a new report published to coincide with International Women's Day today.

Underlying profit before tax rose 18% year-on-year to £17.1m (H1 FY23: £14.5m) for wealth manager and Financial Planner Brooks Macdonald for the six months ended 31 December.

Platform and investment provider Fidelity International is believed to be considering up to 1,000 job cuts as the firm re-evaluates its cost base, according to reports.

Financial Planners have expressed disappointment that frozen income tax and inheritance tax thresholds were not addressed in yesterday’s Budget.

Adviser clients say that “reputation and credibility” were their key factors when choosing a financial adviser, according to a national survey of 2,100 consumers.

Assets under management rose 15% to £170bn for Aviva’s wealth arm for the year ended 31 December 2023 despite a drop in net flows.

Spring Budget 2024 speech as delivered by Chancellor Jeremy Hunt on 6 March 2024 (transcript of the speech, exactly as it was delivered)