Hargreaves Lansdown has posted a record £150bn assets under administration and said the number of net new clients climbed 48% to 1,858,000 active clients in the three months to the end of March.

Net inflows to under-fire wealth manager St James’s Place slumped 64.5% in the first quarter of the year compared to last year, but funds under management climbed again.

Fast-expanding wealth manager and Financial Planner Titan Wealth is reported to be putting together a deal to take over rival private Financial Planning firm Independent Wealth Planners (IWP), which has £6bn AUM.

Two-fifths of self-employed people – 41% – are risking an uncertain retirement because they are failing to pay into a personal pension, according to new data from investment platform CMC Invest.

Retirement planning specialist Chris Haigh has joined national financial advice firm Continuum as a Chartered Financial Planner.

Ahead of a consultation deadline tomorrow, the FCA has responded to concerns about its proposals to make public details of enforcement investigations against regulated firms.

The £432m private equity acquisition of SIPPs and Financial Planning firm Mattioli Woods has moved ahead this week with over 95% of shareholders voting in favour.

There are only six months left before financial services firms need to comply with new laws to prevent sexual harassment in the workplace, a consultancy has warned.

The Financial Services Compensation Scheme (FSCS) has declared 12 regulated firms in default in February and March.

The FCA has published proposals to extend its new Consumer Duty requirements to its financial crime fighting and reporting rules.