Wealth manager and stockbroker Redmayne Bentley is to acquire the client assets of failed Liverpool wealth manager and stockbroker Blankstone Sington, subject to regulatory and court approval.

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The FCA is proposing to extend its anti-greenwashing labelling rule for sustainable investments to portfolio managers.

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Struggling fund manager Jupiter has reported significant net outflows of £1.6bn for the first quarter of the year, th third quarter in a row it's published net outflows

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New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.

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The FCA has responded robustly to complaints about the time it took to provide redress to victims of the British Steel Pension Scheme (BSPS) scandal.

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Investment, protection and retirement specialist LV= has completed its transition of asset management services to BlackRock from previous fund manager Columbia Threadneedle Investments.

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Ambitious trust company Ludlow Trust, which took over the UK trust business of Coutts and the NatWest Group in 2021, has bought C Hoare & Co’s UK trust business for an undisclosed amount.

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The Chartered Institute for Securities & Investment (CISI) has appointed Hannah Daniel, Chartered MCSI, as the new President of the Yorkshire committee.

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Nikhil Rathi, FCA chief executive, said the regulator will probe Big Tech firms’ access to financial data to question how it could improve outcomes for consumers and business.

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The Consumer Duty was the main focus for adviser platforms in 2023 but not all of them impressed the FCA, according to Darren Winfield, insight consultant (wealth management) at Defaqto.

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