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Tuesday, 05 September 2023 12:24

Scottish adviser firm fails with BSPS claims

Scottish financial adviser firm MLM Wealth Management Limited (trading as MLM Financial Services / FRN 784277) has been declared as failed by the Financial Services Compensation Scheme (FSCS).

Coventry-based BRI Wealth Management has expanded its Midlands presence with the acquisition of two Financial Planning firms. 

More than six in 10 adults (62%) say that saving for retirement remains a “high priority”, despite the challenges of the cost of living crisis.

Investment trust Caledonia Investments has sold its majority stake in investment manager and platform 7IM for £255m.

Standard Life has re-entered the annuity market as annuity rates rise and demand for annuities surges.