IFA consolidator Absolute Financial Group has acquired Platinum Independent Financial Services based in Sale, Greater Manchester for an undisclosed amount.

Manchester-based alternative investment manager MCI Global Investment Advisors Limited (FRN: 948996) has been declared in default today after 58 claims were received against the firm which went into liquidation in October.

Manchester-based Financial Planner and wealth manager Suttons Independent Financial Advisors has acquired Wilmslow-based KSP Financial for an undisclosed amount.

LGT Wealth Management has appointed Adam Parker, previously of Evelyn Partners, as a wealth manager and wealth planner in its Manchester office.

Fast-growing international Financial Planning firm Hoxton Wealth has acquired Manchester-based advice firm Haven IFA for an undisclosed amount.

Manchester-based Chartered Financial Planning firm Suttons Independent Financial Advisors has recruited Richard Higgs as a Chartered Financial Planner.

Manchester-based Pareto Financial Planning has recruited three new staff, including a Chartered Financial Planner as well as an employee benefits consultant.

Manchester-based Pareto Financial Planning has seen a 30% increase in new business for the year ending 31 March.

The FCA has halted regulated business at Manchester-based life insurance distributor Compared Life Ltd (FRN 815068).

Manchester-based Pareto Financial Planning has moved its HQ to the refurbished and iconic Old School House building in Spinningfields in the centre of the city and addd more staff.