Digital IFA disruptor Fintuity has raised £2.15m of private and institutional investment to develop solutions to extend financial advice and attempt to close the UK’s growing financial advice gap.

JP Morgan Chase has acquired loss-making digital wealth manager Nutmeg as it looks to expand its retail digital wealth management offering.

Independent Wealth Planners (IWP) has acquired Guildford-based Financial Planning firm Omnium Capital Limited.

The number of defined benefit pension transfers with at least one warning sign of a potential scam or poor member outcomes has hit its highest level in five months.

Over 2.3m UK adults now own cryptocurrency, according to the latest research from the Financial Conduct Authority (FCA).

Financial Planners are forecasting a boom in clients seeking advice on inheritance tax, according to new research.

Expanding wealth manager and Financial Planner Kingswood has agreed to acquire North Lincolnshire Chartered Financial Planning firm Admiral Wealth Management for a cash consideration of £4m, payable over two years.

Discretionary fund manager Beaufort Investment has rebranded as YOU Asset Management from today. 

Wealth manager and Chartered Financial Planner Brown Shipley has appointed experienced industry professional Kath Cates as chair of its board of directors.

The latest data from HMRC reveals an “astonishing” 40% of high earners failed to take out an ISA in the 2018/19 tax year.