Bristol-based SIPP and SSAS pensions and financial services firm Hartley Pensions has bought another closed or failed SIPP firm, this time snapping up Guinness Mahon Trust Corporation (GMTC).

The new Chancellor Rishi Sunak has confirmed that the Budget will take place on 11 March, ending speculation it would be pushed back to give him more time.

Investec Asset Management is to float on the London and Johannesburg Stock Exchanges in March with staff set to own 20% of shares.

The FCA has warned that ‘high risk’ investment products are exposing consumers to “more risk than they can absorb.”

Old Mutual International has been rebranded as Quilter International as the Quilter rebranding strategy moves closer to conclusion.

NS&I has cut rates widely across its fixed and variable savings products and reduced the number of Premium bond prizes with effect from 1 May.

The Personal Finance Society says it has received new evidence that some of its 40,000 members are being hit with huge increases in Professional Indemnity premiums and facing restricted cover.

Bestinvest’s latest ‘Spot the Dog’ report on the worst performing funds reveals that investors have nearly £44bn tied up in underperforming investments.

The Financial Services Compensation Scheme said today it has made the first pay-outs - totalling just under £2.7m - to 135 victims of the LCF mini-bond firm collapse.

Jupiter Fund Management has revealed plans to takeover rival Merian Global Investors in a move aimed at creating a more diversified asset manager and cutting costs.