Life, pensions and investments provider Royal London has acquired a 30% stake in later life lending and product provider Responsible Group.

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Wealth manager and platform True Potential has reported group turnover up 28% to £184.9m and group profit up 59% to £74m in its 2020 results.

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The Personal Finance Society has postponed its eagerly-awaited Festival of Financial Planning, due to take place in the autumn, until 2022 due to the pandemic.

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Cheshire-based independent financial adviser Cullen Wealth has received a £4m loan to support a management buy-out and a hunt for acquisitions.

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A poll of Chartered Insurance Institute and Personal Finance Society members has revealed that the biggest barrier financial professionals face when trying to help consumers was being able to openly discuss vulnerability with them.

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Westridge SSAS has recruited three new executives a week after it bought James Hay’s SSAS book.

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The Financial Conduct Authority (FCA) has commenced criminal proceedings against NatWest in respect to offences under money laundering regulations.

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Acumen Financial Planning’s parent, The Financial Planning Group, has launched a subscription-based, online financial advice service aimed at younger professionals “priced out” of independent financial advice with fees starting from £75.

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The CISI’s 2021 Financial Planning Conference, one of the UK’s biggest Financial Planning events in the calendar, is set to return as a live, in-person event this year and is one of the first in-person financial events announced so far in 2021.

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Baroness Helena Morrissey has stepped down as a non-executive director at wealth manager St James’s Place after 14 months to become chair at investment platform AJ Bell.

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