Royal Bank of Canada (RBC) has launched a recommended bid to acquire major UK wealth manager and Financial Planner Brewin Dolphin for £1.6bn.

The Financial Conduct Authority is set to launch a scheme to pay out an estimated £71.2m to victims of the British Steel Pension Scheme pension transfer scandal.

Chartered Financial Planner Makala Green, a former St James’s Place partner, has written her first book to help people from all walks of life manage their money better using Financial Planning principles.

North West Financial Planning firm Foresight Wealth Strategists has made its first acquisition with the purchase of Bury-based Independent Financial Adviser Platinum Socially Responsible Investments for an undisclosed sum. 

The FCA has fined asset manager GAM International Management Limited (GIML) £9.1m and also fined one of GIML's investment managers for conflicts of interest failings related to gifts and entertainment received from the collapsed Greensill investment business.

The Financial Ombudsman Service has today confirmed it will increase its annual budget for the coming year by just over 18.5% to £291.7m.

The CISI, the professional body for Certified Financial Planner (CFP) Professionals, has this week launched its new pathway to CFP status for planners holding the rival Chartered Financial Planner designation.

A sentencing date has been set for two people charged in connection with a £13m pension transfer fraud.

The UK Government will collect £37bn in inheritance tax over the next five years according to the latest predictions from the Office for Budget Responsibility (OBR).

Private equity investment firm HPS Investment Partners has purchased a majority stake in adviser platform Nucleus for an undisclosed sum.