The FCA confirmed this week that its requirement for regulated firms to have ‘Consumer Duty Champions’ has been axed.

Wealth manager St James’s Place has launched a £92.6m share buy-back scheme after announcing a return to profitability last year.

Exeter-based Fowler Financial Planning has been granted CISI Chartered Firm status by the Chartered Institute for Securities & Investment (CISI).

Investment manager Premier Miton has rebranded with a new visual identity (see image).

Nearly nine out of ten people receiving advice are 40 and over while almost three-quarters of clients are over 50, according to a study by adviser fintech Intelliflo.

The FCA is moving swiftly to cut red tape to support growth in financial services, FCA chief executive Nikhil Rathi told delegates at an event today.

Net flows at Aviva’s wealth arm climbed 23% in 2024, rising to £10.3bn from £8.3bn, as assets under management grew 17% to £198bn, from £170bn.

Struggling fund manager Jupiter saw underlying profits fall 7% to £97.5m in 2024, down from £105.2m the previous year, as net outflows soared to £10.3bn, up from £2.2bn.

Wealth manager St James’s Place returned to profit last year after introducing a simpler and more comparable charging structure following customer complaints.

Recent strong stock market performance has been a boon for platforms, according to new data published today by platform analysts Fundscape.