Adviser platform Transact saw net inflows of £1bn for the quarter ended 30 June as net inflows and assets dropped for the platform year on year.

A group of MPs has called for auto-enrolment pensions for self-employed workers to get more people saving for retirement.

Two men who masqueraded as advisers to defraud pension savers of £20m have been jailed.

Advisers should avoid ‘panic’ buying DB transfers on the assumption rates will only go in one direction, according to a new report.

LV=’s CEO Mark Hartigan is to step down following an aborted takeover of the firm by investment business Bain Capital.

Bristol-based Clifton Asset Management is to acquire Aberdeen-based wealth manager and IFA Burnett & Reid Wealth Management and is planning further deals.

The FCA has fined discretionary investment manager TJM Partnership Limited £2 million for “serious financial crime control failings.” 

Oaktree Capital Management is to rename Sanlam Wealth as atomos after acquiring the business from Sanlam UK.

Trustee and governance service provider PTL Governance is to become Zedra Governance from 18 July after its acquisition by Zedra in December 2021.

The Government is to invest £5m in expanding its mid-life MOTs for people which include a review of financial affairs and retirement plans.