Financial Planner and wealth manager Tilney Smith & Williamson is hunting for a new chairman, Sky News has reported.

St James’s Place CEO Andrew Croft saw his earnings fall from £1.017m in 2019 to £692,788 in 2020 as the pandemic hit the company.

The Serious Fraud Office has launched an investigation into suspected fraud involving a group of unauthorised collective investment schemes investing in car leasing companies.

Scottish Friendly CEO Jim Galbraith has died after over 30 years at the mutual.

The insurance and long term savings has made a donation of £7m to mental health charities Rethink and Mind to help provide 3.5m people with mental health support during and post the pandemic.

Ambitious trust company Ludlow Trust has acquired the NatWest Group and Coutts UK trust businesses and will relaunch both under the Ludlow Trust banner. 

Platform and SIPP provider AJ Bell has added the Aquis Stock Exchange (AQSE) to its online trading platform to expand the investment choices available for clients. 

Plans for a new executive pay scheme at Financial Planning firm and takeover target Tavistock have fallen through after shareholders failed to support the move.

Schroders has launched a £4bn Investment Solutions business offering model portfolios and multi-asset funds.

Claims as a result of “toxic” investments within SIPPs could easily exceed £1bn, according to John Moret.