The Personal Finance Society has launched a campaign to encourage Financial Planners to share warning signs of Coronavirus scams with their clients.

Over a third (38%) of UK Millennial investors have seen their investments grow since the start of the lockdown compared to just 15% of the older Baby Boomer group.

More than 8 in 10 (83%) Financial Planners support a reform of the money purchase annual allowance (MPAA) because of the Coronavirus pandemic, a new survey said.

Financial Planning firm MHA Carpenter Box is changing the name of its wealth management arm to MHA Carpenter Box Financial Advisers from today.

Fund manager Liontrust has acquired Architas Multi-Manager and Architas Advisory Services in a deal worth up to £75m.

Quilter has appointed former Ignis Asset Management chief executive Christopher Samuel as chair of Quilter Financial Planning.

The FCA has extended the deadline for firms to complete the first assessment of the “fitness and propriety” of their Certified Persons under the new Senior Managers and Certification Regime (SMCR) from 9 December until 31 March.

Financial Planner Schroders Personal Wealth has appointed former Openwork chief executive Mark Duckworth as its new CEO.

The High Court has ruled in favour of the FCA in a civil action against two firms and their directors who induced clients to transfer their pensions into SIPPs and alternative investments without FCA authorisation.

National IFA Chase de Vere has completed the acquisition of Angus-based adviser Ferguson Oliver and said it is searching for more acquisitions.