UK investors moved £409m into funds in February as ISA savers continued to commit to long-term investing, according to the fund sector's trade body.

The Financial Planning Standards Board (FPSB), the global Financial Planning professional body, has appointed a new chair and board leaders to support worldwide professional standards in Financial Planning.

The Financial Services Compensation Scheme has declared in default advice firm Salford-based SQ Wealth, which formerly traded as Quays Wealth Management (FRN: 707844).

Sussex-based private equity firm Cow Corner Investing has merged two Brighton-based financial advice firms it has acquired into one business with £1.5bn of assets.

Wealth manager and Financial Planner Evelyn Partners has boosted its Edinburgh office with the appointment of Chartered Financial Planner Duncan Arthur as Financial Planning director.

Financial Planning firm Tavistock Investments has acquired Precise Protect, an insurance and protection business based in Bangor, Northern Ireland, for £7m.

Three individuals behind an investment fraud which conned £1.2m from UK investors have been convicted and sentenced to a total of 24.5 years.

Adviser support firm and Sense network owner Adviser Services Holdings Limited (ASHL), has launched a new national advice business called LYNC Wealth Management after making two wealth manager acquisitions.

The Financial Planning Standards Board (FPSB), the global Financial Planning professional body, has launched a major update to its global Financial Planning standards to take account of evolving technology and trends in the profession.

Former Personal Finance Society President Caroline Stuart has teamed up with communication professional Melissa Kidd to launch a new learning and development service focusing on people skills.