IFA network ValidPath has hired Jon Barham from Bankhall Group to be its new commercial director as it plans to expand its network proposition to advisers seeking retirement or management buy-outs.

Former Standard Life Savings MD Eddy Reynolds has been recruited as the new CEO of Close Brothers Asset Management.

The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF).

Wealth manager and Chartered Financial Planner Brown Shipley has expanded its presence in the East of England with the recruitment of eight additional client advisers plus a managing director.

Aviva is to acquire Financial Planning-focused wealth manager Succession Wealth for £385 million. 

The Financial Conduct Authority (FCA) is to offer 800 of its lower paid staff a pay and benefits increase worth £5,500 each.

The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).

Wealth management and Financial Planning firm Tilney Smith & Williamson is to rebrand as Evelyn Partners this summer.

The Chartered Insurance Institute (CII) has confirmed that it will do a U-turn and reinstate the axed position of Personal Finance Society (PFS) CEO. 

Assets on platform engine GBST’s platform solution, Composer, increased by 18% to £180bn in 2021.