European private equity firm Nordic Capital has received regulatory approval to complete its acquisition of Financial Planning firm Ascot Lloyd from Oaktree Capital Management for an undisclosed sum.

SIPP provider Curtis Banks is waiving its fee on in-specie commercial property transfers into its Your Future SIPP for the rest of the year.

Chartered Financial Planner Kreston Reeves Financial Planning Ltd has been rebranded as Craven Street Wealth following its takeover by corporate finance firm Craven Street Capital.

Four new trainee planners have joined Lumin Wealth’s Academy programme today.

Chancellor Kwasi Kwarteng has today abandoned his plan to abolish the 45% top rate of income tax on earnings over £150,000.

Harlequin chairman David Ames, the man behind a £226m SIPP-based fraud which hit 8,000 victims, was today jailed at Southwark Crown Court for 12 years.

Wealth manager Brooks Macdonald has added £350m in assets and 650 clients with the acquisition of Manchester specialist adviser firm Adroit Financial Planning.

Glasgow-based pensions firm @SIPP is boosting the pay of its non-managerial staff by £350 per month to help them cope with the cost of living crisis. 

MPs want auto-enrolment pensions to be revamped to prevent them providing second rate incomes in retirement.

The Pensions Regulator has revealed a decline in the number of penalty notices it issued for breaches of auto-enrolment rules.