Royal Bank of Canada today completed its £1.6bn takeover of wealth manager and Financial Planner Brewin Dolphin with the company now renamed RBC Brewin Dolphin.

NS&I has increased its Premium Bond prize fund rate from 1.4% to 2.2%, adding an expected £76m to its October prize fund.

Adjusted operating profit fell 8% to £21.7m (2021: £23.7m) for Close Brothers Asset Management (CBAM) for the year ended 31 July.

The CISI, the professional body for Certified Financial Planners, and the young planner support group NextGen Planners, have launched a joint scholarship scheme to encourage new Financial Planning talent.

AJ Bell founder Andy Bell is to step down from the investment platform’s board following discussions with the Financial Conduct Authority (FCA).

The Personal Finance Society (PFS) has appointed Caroline Stuart as the professional body’s new President.

Wealth manager St James’s Place is to merge four of its UK equity income funds to create a single £4.3bn UK Equity Income fund.

Investment, protection and pensions provider LV= has recruited David Hynam as its new CEO.

Acquisitive Financial Planning and wealth management firm Kingswood has entered the Irish market with the acquisition of Moloney Investments Ltd (MMPI).

Wealth management trade body PIMFA has developed a guide for firms to help them to develop their Consumer Duty implementation plan.