Nationwide Building Society is to buy Virgin Money for £2.9bn to create a combined business serving 22.6m customers.

The number of Certified Financial Planner professional worldwide rose by 5.1% in 2023 to reach an all time record of 223,770.

Virgin Money is to buy Abrdn’s 50% stake in their joint venture called Virgin Money Investments.

Growing digital wealth manager Moneyfarm has appointed former Virgin Money chief Dame Jayne-Anne Gadhia as chair.