Fast-growing wealth manager and Financial Planner Kingswood is to acquire the holding company of asset manager and IFA the IBOSS Group.

Wealth manager trade body PIMFA has warned members about a fraudster who has been impersonating a member of staff and contacting members.

Quilter Cheviot has launched a range of eight reduced-cost ‘Building Blocks’ funds to its managed portfolio service (MPS) service.

Recently founded Financial Planning and fund management firm One Four Nine Group has launched an in-house discretionary fund management (DFM) service.

Lack of client familiarity with what ESG stands for is the biggest barrier for advisers to recommending more ethical and environmental investment options.

Acquisitive financial adviser group Tenet has appointed Paul Day as regional business manager.

Chartered Financial Planner firm Fiducia Wealth Management has restarted its financial literacy educational programme.

Business as usual is not an option for LV= as the provider says it needs £100m investment.

LV= chairman Alan Cook is to step down after a £530m recommended deal by a US private equity firm to take over the mutual failed to win enough support from LV= members. 

STM Group, the international SIPP and financial services provider, has seen a £400,000 hit to revenue this year as SIPP business slowed, the firm reported in a trading update today.