Acquisitive Financial Planning firm Perspective Financial Group has acquired a £100m AUM South coast Financial Planner – its 11th acquisition of the year.

Financial Planning and accountancy firm Old Mill has appointed three new partners following a restructure to boost career progression for staff.

Eleven Chartered Financial Planners at wealth manager St James’s Place (SJP) have celebrated receiving Master’s certificates from the University of Gloucestershire at a ceremony to mark their graduation from an MSc Finance course.

The FCA has fined Pembrokeshire Mortgage Centre Limited (trading as County Financial Consultants) £2,354,331 for providing "woeful" and unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined benefit (DB) pension schemes.

FCA CEO Nikhil Rathi says the FCA will apply "additional scrutiny" to authorisation applications from appointed representatives, approved persons and payment agents.

Investment platform and SIPP provider AJ Bell has reported pre-tax profit up a modest 6% year on year to £58.4m for the year ended 30 September.

The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.

Financial Planner Tavistock has sold its hybrid digital app business LEBC Hummingbird back to a wholly-owned subsidiary of original owner LEBC Holdings Limited for £3m.

Fast-growing Financial Planner and wealth manager Kingswood has acquired JFP Holdings Limited, the parent company of Cheshire Chartered Financial Planner JFP Financial Services Limited.

Adviser fintech Wealth Wizards has appointed Ben Hampton as its new chief executive.