The Chartered Insurance Institute has hired Alan Vallance, currently CEO of the Royal Institute of British Architects (RIBA), as its new CEO.

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Private equity-backed Brighton-based Chartered Financial Planning firm Skerritts has acquired Kent-based Geoffrey Craig Limited and East Sussex-based Saffron Wealth Management.

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Yorkshire-based Briggs Murray Financial Planning & Wealth Management and Newcastle-based Whitebridge Financial Planning have been declared in default by the Financial Services Compensation Scheme.

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Private equity firm Anacap-owned platforms Novia and Wealthtime are to be combined under the Wealthtime brand in the second half of this year.

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The Financial Conduct Authority has ruled out allowing access to bodies such as the Financial Services Compensation Scheme for crypto currency investors, even if they have received advice.

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The board of fund manager M&G has launched a hunt for a new chief executive to replace long-serving John Foley who plans to retire.

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Over 23,000 new and returning equity release customers cashed in on property wealth via equity release between January and March this year.

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Multi-employer master trust pension fund National Pension Trust (NPT) is to move its default investment to an ESG guided strategy this month.

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Inheritance tax receipts for April 2021 to March 2022 were £6.1bn, a rise of £0.7bn year-on-year, according to the latest figures from HMRC.

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The FCA has barred a financial adviser indefinitely from carrying out regulated activities after 13 complaints to the Financial Ombudsman Scheme (FOS).

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