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.

Adviser platform Transact has criticised the approach some other platforms have taken towards cash handling and the use of cash interest.

HMRC has extended to 5 April 2025 the opportunity for taxpayers to fill gaps in their National Insurance record from April 2006.