Recruitment firm BWD has launched a mergers and acquisitions service - BWD M&A - aimed at finance advice businesses.

Wealth manager and platform Quilter says the ‘stronger nudge’ towards pensions guidance, introduced a year ago, has so far produced “lacklustre” results and needs to be beefed up.

Odey Asset Management is to be effectively partially dismantled and its funds and staff moved to other managers following concerns about the company over a reported FCA investigation.

Legal & General group has appointed António Simões as its new group CEO to replace Sir Nigel Wilson who is retiring.

Aberdeenshire-based Acumen Financial Planning has expanded in West Scotland with a new office in Glasgow.

The Treasury Committee, the influential Commons committee of MPs, has written to FCA chief executive Nikhil Rathi to raise questions on the regulator’s reported investigation into Odey Asset Management.

Nearly one in four people expect to become millionaires in their lifetimes, according to new research.

Wealth management veteran Tyron Edmonds has acquired West Midlands-based IFA Jackson Hodge Wealth.

Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum.

The UK is expected to see a net outflow of 3,200 high-net-worth individuals in 2023, according to a new report.