The proportion of DB transfers showing red flags for a potential scam or poor member outcomes rose to 50% in January.

Over two thirds (69%) of financial advisers are considering changing platform provider over the next 12 months, according to new research.

Financial adviser network Tenet has appointed Simon Broadley as managing director of its owned adviser business Tenet&You.

Asset manager M&G’s wealth management arm has acquired investment manager TCF Investment in order to launch model portfolio services.

Inflation rose to 5.5% in January, continuing its run of the country’s highest inflation rate in 30 years.

The Consumer Prices Index (CPI) jumped by 6.2% in the 12 months to February 2022, markedly up from 5.5% in January.

Investment platform AJ Bell has called on the Financial Conduct Authority (FCA) to clarify the advice/guidance boundary in order to make the new Consumer Duty effective.

Adviser platform Novia has appointed Christina Dolding as director of adviser and customer experience.

Despite almost half (48%) of retirees worried about running out of money in retirement, three quarters (78%) have not sought professional financial advice, according to new research.

Acquisitive Financial Planning group Kingswood is to acquire Hampshire-based advice firm Aim Independent Limited (Aim) for a cash consideration of £3.6m.