The FCA has today (5 August) secured a confiscation order against Reuben Akpojaro, the fourth individual involved in a £1.2m investment scam which saw 120 investors conned out of their savings.

National IFA Continuum, owned by M&G, has recruited two Financial Planners and an IFA from West Country-based Fleming Financial, which was acquired by fast-growing Financial Planning firm Shackleton in December.

Fast-growing Financial Planning firm Perspective Financial Group has completed five further acquisitions, boosting assets under advice to £310m.

Pensions and SIPP consultancy Barnett Waddingham has promoted Nick Cooper to be CEO of BW SIPP, as the business says it enters a new phase focused on market growth.

The FCA has provisionally fined Neil Woodford and Woodford Investment Management (WIM) for failures in their management of the Woodford Equity Income Fund (WEIF).

Octopus-owned white label platform Seccl has appointed Jonathan Dees as its new UK CEO, subject to regulatory approval.

Saltus-backed wealth manager and Financial Planning firm Advies Private Clients has acquired Financial Planner Nicholas Trayford for an undisclosed amount.

The gender pension gap has been almost completely eliminated when it comes to the state pensions of people retiring today, according to new data.

Active global and US funds posted their best performance against comparable index trackers in the first half of the year, but UK funds did less well, according to the latest AJ Bell Manager versus Machine report.

Platform group Nucleus Financial Platforms has appointed FNZ chief financial & commercial officer Andrew Ring as chief financial officer, subject to regulatory approval.