The financial management arm of Scottish law firm Gilson Gray has acquired North Berwick-based Wallace Financial Planning a ‘seven-figure’ deal.

Paul Morris has joined Financial Planner and wealth manager Evelyn Partners’ Bristol team as a Financial Planning director.

The Chartered Insurance Institute and its subsidiary, the Personal Finance Society - the professional body for Chartered Financial Planners - have issued a joint statement today stating they have reached “an agreement in principle” on a range of disputes between the two bodies.

Delays in getting responses to letters of authority (LOA) and transfers are causing a headache for Financial Planners who are seeing client engagement levels drop as a result, according to a new report.

The Financial Services Compensation Scheme (FSCS) has declared two pension advice firms in default.

Earlier today pensions minister Guy Opperman confirmed he is not to continue in the role under new Prime Minister Liz Truss.

Financial Planner’s interest in making changes to their technology stack has stalled, according to a new report.

Prime Minister Liz Truss has relieved Guy Opperman MP of his duties as Minister for Pensions and Financial Inclusion.

Revenue growth stalled at 2% to £31.7m for fintech and support services firm Fintel for the half year ending 30 June.

Revenue at the Sense and Lyncombe adviser networks, part of Adviser Services Holdings Limited (ASHL), jumped by 66% to £71m in 2021.