A Canterbury University student who sold more than a thousand phishing kits - used by scammers to defraud victims of more than £100m - has been jailed for seven years.

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Jupiter Fund Management saw assets under management rise by 4%, climbing £1.8bn to £47.1bn in the first six months of the year.

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Rathbones is to launch a new ‘true active’ model portfolio service range as the first in a series of new offerings following its merger with Investec Wealth & Investment.

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Financial Planning firms are reporting year on year growth in average client portfolio size and their firm's AUM, according to Financial Planning Today's annual survey of the profession.

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The number of pension transfers has risen to its highest level since August 2023, indicating that they may be regaining popularity.

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The LIBF professional body is changing the way is assesses its Advanced Diploma in Financial Advice to move it towards more practical elements.

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Half (48%) of financial advisers expect the more relaxed regulatory framework brought about by Targeted Support to be an opportunity to attract new clients in the next 18 months, according to a new report.

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Argentex LLP, a forex firm which also offered wealth management services, has entered special administration this week.

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Investment platform and SIPP provider AJ Bell has reported 7% growth in advised customer numbers (year on year) to 180,000 for the three months ended 30 June.

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The Personal Finance Society (PFS) is to pump £1m into new training initiatives to encourage new entrants to the Financial Planning profession and tackle a growing shortfall in new blood.

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