Dundee-based Financial Planner and wealth manager Thorntons Investments has bought Matheson Financial Consulting and Sonas Wealth Management as its ramps up its plans to expand.

National Financial Planner and wealth manager Perspective has revealed plans to acquire more than 10 adviser firms over the next few months after announcing its 39th acquisition today.

US private equity firm Flexpoint Ford LLC has agreed a £224.5m cash takeover of Financial Planning group AFH.

Hurst Point Group has revealed today that it acquired 5 Financial Planning firms in 2020 with more deals on the way.

The Art of Finance training company has launched a series of remote revision workshops to support individuals preparing for their industry qualifications.

Wealth manager trade body PIMFA has attacked the FSCS forecast today of a £1bn compensation levy as a “scandal” which points to regulation failing consumers and firms.

The Financial Services Compensation Scheme is forecasting a levy for 2021/22 of £1.04bn, up £339m from the £700m raised the previous year due mainly to soaring numbers of claims.

NS&I, the government-backed savings provider, has promised better service after being overwhelmed by a surge in business in the second half of 2020 before it slashed its rates.

The Financial Conduct Authority (FCA) has proposed a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services.

Client assets at Close Brothers Asset Management have rebounded to £15bn at the end of 2020.