Net inflows at adviser platforms rose 12% to £5.06bn in Q3 despite outflows rising to new highs of £17.94bn, according to new data.
Moore Kingston Smith LLP, a multi-disciplinary professional services firm, has expanded its Financial Planning division with the acquisition of CMIS Independent Financial Advisors Limited (CMIS) and Augustine Financial Planning.
Fidelity International’s Bitcoin ETP has received regulatory approval from the FCA for retail access.
Financial Planners have welcomed the inclusion of financial education within primary and secondary education in the new curriculum review.
Fund and wealth manager M&G has reported £1.8bn of net inflows in the third quarter, a considerable improvement from the net outflows reported for 2024.
Nikhil Rathi, chief executive of the FCA, has called on financial services firms to back financial education and support services to improve consumer capability.
Gary Stran, a non-executive director at troubled wealth manager and Financial Planner WH Ireland, has quit the company today (5 November), two months ahead of his planned departure. The company’s chair Simon Moore may also depart early.
Plannex, formerly Financial Planning community NextGen, has acquired financial services training brand About Financial for an undisclosed amount and launched a new training business.
Inflation did not register as a concern for advisers researching investment options for their clients over the last quarter, according to Titan Square Mile’s quarterly Market Intelligence Report.
Assets under management for wealth manager and Financial Planner Evelyn Partners climbed to a record £67bn in the three months to the end of September as it reported a major systems integration project which will allow it to focus more on AI.
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