The Financial Conduct Authority has approved the prospectus and shareholder circular of the deal between wealth manager Rathbones and Investec Wealth & Investment, which was first announced in April.

Wealth manager St James’s Place is seeking a new chief executive to replace current boss Andrew Croft, according to a media report.

A former senior official at the Pensions Regulator has called for members of DB pension schemes to benefit from the same flexibility as those with DC schemes have.

NatWest has completed its acquisition of a majority shareholding in workplace savings and pensions fintech Cushon.

The Insolvency Service has warned investors about a recent increase in recovery room scams, where crooks prey on investment scam victims.

UK investors put £2.8bn into funds in April – a £1bn increase on March and the highest level since August 2021, according to Investment Association figures.

Quilter Financial Planning has been praised for its handling of Lighthouse’s involvement in the British Steel Pension Scheme scandal by the FCA.

Spending on new technology is the biggest driver of increased investment by adviser firms ahead of the implementation of Consumer Duty coming into effect from the end of July.

Administrators of collapsed Newcastle-based wealth manager WealthTek have uncovered a £81.4m gap in the firm’s finances, the FCA has said.

A group of 55 senior Tory MPs including former Chancellor Nadhim Zahawi have called for inheritance tax to be abolished.