Acquisitive Financial Planning group Perspective Financial Group has acquired Cambridgeshire-based Ramsey Financial for an undisclosed sum.

Investment manager Jupiter has reported £1.9bn of net outflows from retail investors in the first quarter of the year.

M&G’s Financial Planning arm M&G Wealth has added a new range of six model portfolios focused on investing globally and incorporating ESG factors in its investment process.

Hybrid advice start-up Aventur - founded by a former SJP partner and an ex-Fairstone IFA - has acquired South Woodford-based IFA JPSL Financial Services for an undisclosed sum.

The Philips Trust Corporation Limited - which administered 2,400 trusts - has gone into administration.

One in three (33%) advised families share the same financial adviser across multiple households of the same family, according to new research.

A surge in the registration of new and existing trusts with HMRC is expected ahead of the deadline of 1 September.

Revenues increased 80% (year-on-year) to £18.4m at financial advice firm Frenkel Topping for the year ending 31 December 2021.

Acquisitive Financial Planning group Kingswood has appointed David Lawrence as group CEO. 

The Financial Conduct Authority today used emergency powers to block many of the financial advice firms who gave advice to members of the British Steel Pension Scheme (BSPS) from selling assets to avoid paying compensation.