Chancellor Rachel Reeves took the unusual step this morning of making a speech in Downing Street about November’s Budget, some three weeks before the financial statement is due to be delivered in the House of Commons.

South west Financial Planner and accountancy firm Old Mill has been acquired by accountancy, wealth management and legal advisory business Kinbrook Group for an undisclosed amount.

The Nutmeg digital wealth manager brand has today been retired and clients will now find their investments through the JP Morgan Personal Investing app and website, which will also launch new Financial Planning tools.

Coventry-based BRI Wealth Management has completed its acquisition of Gloucestershire-based financial advisory firm, FutureFocus Advisory Limited, for an undisclosed amount.

Pensions consultancy LCP has urged the Government to make major changes to ensure that new inheritance tax rules are implemented fairly and effectively.

SIPP and SSAS provider InvestAcc Group has completed its acquisition of the AJ Bell Platinum SIPP and SSAS business for £25m.

Over the past few years we’ve seen an enormous wave of M&A activity in the Financial Planning and Wealth Management sectors. It’s been largely unchecked - until now.

The FCA has warned that the rapid consolidation of the wealth management and financial advice sectors could be leading to ‘poor outcomes for consumers, employees and the wider financial system.'

Private bank Weatherbys, which has a history dating back 240 years, has launched a new execution-only platform for clients with trading fees from 0.01%.

The FCA has confirmed it has lifted the ban on consumers investing money into crypto exchange traded notes (cETNs).