The US remained a popular area for pension investors in May, with technology a particular area of interest, according to new figures from Hargreaves Lansdown.

The UK’s financial regulators say working together has improved outcomes, particularly in relation to the British Steel Pension Scheme scandal, the introduction of Consumer Duty, and failings by SIPPs operators.

Three Financial Planners who started their OPW Chartered Financial Planners firm in Bristol three years ago have grown their business by acquiring Ledbury-based IFA firm Winnell Douglas for an undisclosed sum through the ValidPath Succession Solution.

The Chartered Institute for Securities & Investment (CISI) and global accountancy body ACCA (the Association of Chartered Certified Accountants) have teamed up to help the accountancy profession boost its understanding of ethical issues when using AI.

The London Institute of Banking & Finance has selected experienced educational technology executive Steve Hill to be its new Vice-Chancellor and CEO from July.

Net retail sales of UK funds totalled £2.8bn in April, the highest level since August 2021, according to data published by the Investment Association.

Wealth manager and Financial Planner Evelyn Partners has appointed Chartered Financial Planner George Uglow to its Exeter office to support continued expansion of the office. 

Manchester SIPP provider iPensions Group has acquired a portfolio of SIPP and SSAS business from Morningstar Wealth Retirement Services Ltd.

Drawdown clients are being exposed to high-risk investments without their knowledge leaving advice firms on a “ticking time bomb” of potential complaints, according to Financial Planning fintech EV Financial Solutions.

Manchester-based Pareto Financial Planning has reported strong growth across the business with a 14% increase in turnover in 2023-24 and more than £1bn in assets under management.