Tilney Smith & Williamson has added Capital Risk Management’s 10-strong team to its Edinburgh office for an undisclosed sum.

Aberdeenshire-based Financial Planning firm Acumen Financial Planning has added 17 new members of staff across its offices over the past year.

The Government has been given the go ahead to revoke EU financial services regulations and replace them with new UK rules, following inclusion of a planned bill in today’s Queen’s Speech.

The Financial Services Compensation Scheme has opened the doors to client compensation on two Financial Planning firms it has declared in default.

Fintech Protection Guru has launched a price and criteria comparison tool for financial advisers seeking protection policies for clients.

Open data and payments platform Moneyhub and financial analytics provider Envizage have developed an open banking-powered Financial Planning application for Financial Planning network the Academy of Life Planning.

Fund charges for five AJ Bell multi-asset funds have been reduced by over a third over the past five years to 0.31%.

FinCalc has developed two-way integration for its cashflow and DB transfer software with Financial Planning and wealth management software solution Iress Xplan.

The FCA and PRA have dropped plans to ban and fine a former CEO - accused of paying his wife excessive sums to avoid tax - following a damning Upper Tribunal judgment.

Families have made close to 32,000 successful reclaims for overpaid inheritance tax in the past six years, according to HMRC.