Expanding wealth manager and Financial Planner Craven Street Wealth has acquired London-based Chartered Bernard Barrett Associates.

The FCA and sister regulators have this week published a detailed 'Regulatory Grid' outlining revised plans for the next 24 months to allow for the Chancellor's 'Edinburgh Reforms' to be included.

Fund manager Vanguard is to axe its low-cost Financial Planning arm which was launched in April 2021.

The Centre for Finance, Innovation and Technology (CFIT), a new government-backed national hub for fintech, launch in Leeds yesterday to boost growth and innovation in the UK.

Only 7% of financial advisers have firm plans to offer a stripped back ‘core advice’ service for ISA customers in line with proposals from the FCA for simplified advice, according to new research.

City of London Minister Andrew Griffith has warned that the FCA’s new Consumer Duty could damage the sector and trigger a wave of spurious lawsuits, according to news reports.

Financial Planners and leading industry figures who organised a charity rock concert and auction to aid Ukrainian refugees have so far raised nearly £50,000  - £10,000 more than the target.

Financial Planners and leading industry figures who organised the recent Rock for Ukraine charity gig have raised over £50,000  - £10,000 more than the £40,000 target.

Abrdn made a pre-tax loss of -£615m last year down from a £1,115m profit in 2021, driven by a decline in investments revenue.

Abrdn has agreed to sell its discretionary fund management business Abrdn Capital to LGT Wealth Management for £140m.