Invesco is making sweeping immediate changes to its UK equity fund range and team today following the exit of high profile fund manager and Neil Woodford protégé Mark Barnett.

Acquisitive IFA and Financial Planning group Tavistock has secured £650,000 in new investment from industry veteran Hugh Simon, owner of the Hong Kong and London-based boutique Hamon.

Private equity firm YFM Equity Partners has backed a £5.6m investment into the financial adviser directory service Unbiased.

Bancroft Wealth, an IFA and wealth manager, has launched a £500 flat-fee advice service it claims will challenge traditional wealth managers charging a percentage fee.