VitalityInvest, the investment arm of Vitality, has introduced a 0.15% annual product charge with a charge cap on amounts invested above £200,000.

Financial advice firm Frenkel Topping has acquired Cardinal Management which provides support and advice services to NHS major trauma centres.

Financial Planners have told Financial Planning Today that they expect a rise in wealth management and financial advice M&A deals this year.

Median household net wealth held steady for the period April 2018 to March 2020 at £302,000, according to the latest figures from the Office for National Statistics.

Financial Planning and investment group Tavistock Investments has acquired a 21% stake in retirement-focused financial adviser LEBC from the founder's widow for £10m.

The Financial Conduct Authority has launched criminal proceedings against two brothers who allegedly dishonestly claimed their firm was authorised.

The Financial Services Compensation Scheme has declared a Nottingham-based wealth manager in default amid a flood of claims, many relating to SIPPs transfers.

Financial Planner Schroders Personal Wealth has recruited Ben Waterhouse from Barclays Wealth to be its new chief client officer.

Fund and wealth management group M&G has received the regulatory go ahead for its acquisition of financial adviser firm Sandringham Financial Partners.

Only 1 in 14 clients involve their children in meetings with financial advisers when discussing equity release, according to a new report.