Wealth manager trade body PIMFA has recruited platform and investment veteran Geoff Towers to its board as a non-executive director.

Expanding Financial Planning firm Progeny has pledged to place ESG at the heart of its business and will aim ensure that all its investment managers undertake ESG qualifications.

Wealth management trade association PIMFA has called for the Financial Conduct Authority and the Treasury to review the Packaged Retail and Insurance-based Investment Products (PRIIPs) regime rather than taking a “sticking plaster” approach.

Wealth management trade body PIMFA is to launch an online ESG training platform for wealth managers.