SIPP provider STM has reported half year, pre-tax profit down by £400,000 as negotiations over a takeover bid for the group are extended again.

Support services provider The Verve Group has launched a new back-office dashboard.

Adviser platform and SIPP provider Nucleus has appointed pensions guru Andrew Tully as technical services director.

The Personal Finance Society, the 40,000-member professional body for Chartered Financial Planners, has launched a new expert panel to boost sustainable financial advice standards.

National advice firm Foster Denovo is to acquire £220m AUM Chartered Financial Planning firm Wade Financial.

Wealth manager and Financial Planner WH Ireland is beginning to show signs of recovery after a £5m rescue deal thrashed out in the summer saved the company from being wound up.

Financial Planning-focused wealth manager Atomos has appointed Team GB para ice swimmer Jonty Warneken as head of its Harrogate office.

The number of people paying tax penalties for exceeding the annual or lifetime limits on pension tax relied rose sharply between the 2020/21 and 2021/22 tax years, according to new figures from HMRC.

Nucleus Financial Platforms has completed its £242m acquisition of SIPP and SSAS provider Curtis Banks to create a retirement-focused adviser platform with approximately £80bn in Assets Under Management.

Only one in 10 financial advisers support the government’s proposed changes to the tax rules on pension death benefits.