A wealth management firm had to cough up £20.1 million to the Financial Services Compensation Scheme last year, it revealed today.

Staff from a wealth management firm are helping to restore unused or discarded hospital equipment to aid over 130,000 people in India.

A former economic adviser to Margaret Thatcher features in a film about the so-called wealth gap which is set to hit the cinemas.

Momentum UK has taken over the adviser solutions business of specialist wealth manager London & Capital, it was announced this morning.

Purchases of investment companies on platforms by advisers and wealth managers reached £549m over the first three quarters of 2015, according to The Association of Investment Companies.

A cybercrime style hack will be undertaken live at a conference this month to demonstrate the threat posed to wealth managers and finance firms.

A Google manager has joined robo-advice firm MoneyFarm as it steps up plans to enable clients to use their mobile devices to manage all aspects of their investments.

Octopus Investments has appointed a new strategic partnerships manager to support the company’s growing activity in the wealth management market.

Towry has hired a new investment director from Brewin Dolphin to bolster its London team.

Rathbone Brothers is expanding its wealth management operations with the acquisition of the remaining shares in Vision Financial it did not already own.