SSAS firm Westbridge Group has added three new hires following the announcement of its acquisition of failed pension firm Rowanmoor’s SSAS business.

Verso Wealth Management has acquired Heritage Independent Financial Advisers and IEP Financial Limited today for undisclosed sums.

Six in ten (59%) investors with over £500,000 in investable assets are concerned about the threat of recession and the damage high inflation will do to their portfolios, according to a new report.

Adviser platform Transact is to reduce its buy commission exemption threshold from £200,000 to £100,000 from 1 March.

CPI inflation dropped back to 10.7% in November - from 11.1% in October - as petrol prices fell.

The FCA is to review Financial Services Compensation Scheme limits and funding class thresholds in the next step in its plans to improve the compensation framework.

The FCA has called for views on potential disclosure rules to replace the Packaged Retail Investments and Insurance Products (PRIIPs) regime and the Undertaking of Collective Investment in Transferable Securities (UCITS) rules.

NS&I is to increase rates across its Premium Bonds, Direct Saver, Income Bonds and Investment Account products from the start of January.

Adviser platform Nucleus has launched a charitable foundation which will encourage more women to become Financial Planners.

The Chartered Institute for Securities & Investment (CISI) and Fitch Learning have partnered to help more people from less privileged backgrounds enter financial services.