M&G Wealth has expanded its adviser network to more than 500 people, according to the asset manager’s financial results for the first half of this year published today.

Fund manager Fidelity has launched the Fidelity Global Future Leaders Fund, a new investment vehicle focusing on developed market small and mid-cap equities identified by the company as become future global frontrunners.

The Consumer Prices Index, the key measure of UK inflation, showed a surprise fall in August to 6.7% from 6.8% in July.

The Bank of England is expected to raise interest rates tomorrow (Thursday) by 25 basis points in what could be the 15th rise in a row but it could also be the last rise for a while.

The Private Member's Bill to extend auto-enrolment (AE) has cleared Parliament and been granted Royal Assent.

The FCA has concluded that there is no evidence of banks denying politicians access to accounts due to their political views following an investigation in the wake of the row that erupted between Nigel Farage and Coutts Bank this summer.

The Scottish Widows Platform has added integration with two Financial Planning software providers: fintech Dynamic Planner and cashflow modelling software firm Voyant.

Wren Sterling’s summer acquisitions have added £400m AUM to the firm after it took over Guildford-based IFA Messer & Matthews in July and in August acquired a majority stake in Cornwall-based The Stockdale Group.

The amount of new business flowing into the Hargreaves Lansdown platform fell 13% to £4.8bn in the year to the end of June, down from £5.5bn in the previous year.

Fintel, owner of adviser support firm SimplyBiz and fintech Defaqto, has reported a 2% rise in revenue growth to £27.6m for the six months to the end of June, compared to £27.1m in the first half year of 2022.