Investment adviser and wealth manager Julius Baer International has hired Gareth Johnson as its head of Managed Portfolio Service (MPS) to create an MPS offering for independent financial advisers across the UK.

Cheshire-based adviser firm Holborn Assets Ltd (FRN 648817) has been declared in default by the FSCS, opening the door to ex-clients to submit claims for compensation.

The FCA has reiterated its warning to investors - first issued in 2021 - about 'clone' scammers trying to impersonate savings bank Marcus by Goldman Sachs.

Fast-growing international Financial Planning firm Hoxton Wealth has acquired Darlington-based Family First Financial Services for an undisclosed amount.

The average household is £31,546 short of the pension savings needed to give them a moderate standard of living in retirement, four times higher than five years ago.

National IFA Continuum saw a 23% increase in assets under influence year-on-year to £12.4bn at the end of 2024, it has revealed in financial results published today.

The FCA has received more than 630 applications from entrepreneurs to its Regulatory Sandbox initiative since it was launched in August 2021, according to the latest update on submissions.

Alternative investment fund the Novus Black Fund UK Ltd went into administration on 27 November with administrators Simon Jagger and Cameron Gunn of Evelyn appointed, the FCA has confirmed.

FCA CEO Nikhil Rathi has pledged to “revolutionise financial advice” as part of a package of reforms to break down the barriers to business growth in financial services.

The latest issue of Financial Planning Today magazine is now available and is packed with tips and insights for Financial Planners, Paraplanners, Wealth Managers and IFAs.