Swedish-owned Söderberg & Partners has taken a 30% stake in Financial Planning firm Murphy Wealth, its first Scottish investment.

The Chartered Insurance Institute (CII) has named six new Financial Planning and insurance adviser firms to have achieved corporate CII Chartered status in the first quarter of this year.

The 12 month rate of CPI inflation eased in March to 2.6% from 2.8% in February in an unexpected second consecutive monthly fall.

The FSCS declared only five regulated firms in default in February and March, sharply down on the 12 firms it declared in default over the same period in 2024.

Financial advice network Corbel Partners has completed seven acquisitions of financial adviser firms this year, it has reported, although it has not revealed full details of the firms involved.

NS&I has boosted the rates of its British Savings Bonds to up to 4.1% AER and has relaunched one and five year fixed-rate bonds.

US-owned wealth manager and Financial Planner Raymond James and Charles Stanley has appointed Kim Jenson as interim CEO, subject to regulatory approval, after CEO Paul Abberley stepped down.

The FCA is opening offices in America and Australia for the first time as it follows a new strategy of establishing a presence in the key overseas regions of the United States and Asia-Pacific.

The FCA has charged Mansfield-based John Burford with carrying on an unauthorised business and dishonestly misleading investors.

Investment manager and IFA support firm Tatton Asset Management has reported record net inflows of £3.7bn for the past year.