Aegon’s assets under administration in the UK have reached £200bn for the first time as the provider continues to increase scale in the UK pensions and savings markets.

Billy Mackay, former marketing director of AJ Bell Investcentre for 13 years, has been promoted to managing director of AJ Bell’s adviser platform.

It is only a matter of time before most Financial Planning clients turn their eyes towards ESG investing but a lack of knowledge is limiting the impact of ESG, according to True Bearing Chartered Financial Planners.

Aviva’s adviser platform saw record sales for the first half of the year with net flows up 48% to £2.7bn.

STM Group, the international financial services provider which owns Carey Pensions (now known as Options), is to make its chief operating officer Peter Marr redundant in the second half of the year as it downsizes its executive team.

UK gross domestic product (GDP) rose 4.8% between April and June according to data released this morning by the Office for National Statistics.

Assets held on platforms grew 6.5% to £865.8bn in the three months to June as net sales broke through £17bn for the first time, according to data released today.

Industry fintech integration body Origo has nearly doubled signings to its Origo Integration Hub (OIH) in a year, adding 20 organisations to take the total number of users to 42.

A major consumer survey has found that nearly one in four people (24%) are only “just about getting by financially” post pandemic while 8% are struggling to manage. 

A leading global wealth management consultancy has warned that traditional advisers need to respond to the growing threat from emerging digital competitors.