A Chartered Financial Planners has made its first major appointment as it targets growth following a management buyout.

Financial advice network Openwork has achieved a seventh year of profit growth, with pre-tax profits hitting a new record of £22.6m, enabling the business to pay its first ever dividend to shareholders.

Seven Investment Management has added a tailored drawdown option for its SIPP which it says will allow advisers “more flexibility” when managing the quantity and frequency of a client’s drawdown payments.

The Personal Finance Society (PFS) has revealed a growth in membership in its latest reports and accounts for the year ending December 2018.

Discretionary managed portfolio provider FE Invest has appointed two senior investment professionals, including a Chartered Financial Planner, to its growing team.

St James’s Place has once again been the centre of a media storm over the weekend as a ‘forgery’ allegation emerged.

Sanlam UK, part of global financial services group Sanlam Ltd, has announced a raft of eight new hires within its wealth planning team as the company continues to increase its UK-wide presence. 

AJ Bell has launched a new retirement income solution to help financial advisers manage clients taking income in retirement. 

Most over-55s who have used the Pension Freedoms - introduced in 2015 - still place huge value on the regular income from the State Pension, a survey has found.

The Kenya Institute of Bankers (KIB) and the CISI recently entered into a new partnership.