The number of pension pots accessed by pension savers for the first time surged 18% in 2021/22, new Financial Conduct Authority data reveals.

Acquisitive Financial Planning group Perspective has acquired three more adviser firms, adding 290 households as clients and £70m assets under management (AUM) to the group.

Gordon Wilson has been appointed chair of adviser platform Nucleus, to replace outgoing chair Mark Dearsley.

Quilter chief executive Paul Feeney will leave the wealth manager and Financial Planner at the end of October after 10 years in charge.

Bristol-based Clifton Asset Management has acquired Caerphilly-based financial advisers Mark Philips Ltd, boosting Clifton's assets under management (AUM) to over £1bn.