Fund manager and wealth manager M&G has appointed mergers and acquisitions legal expert and Treasury board member Edward Braham as its new chair on an annual fee of £525,000. 

Chartered Financial Planner Tom Barnett has been promoted to be managing director of two wealth management and Financial Planning firms with £1bn under management and advice.

Sky News is reporting that wealth manager and Financial Planner Brooks Macdonald is plotting a £300m bid for fund manager 7IM.

St James's Place today reported annual IFRS pre-tax profits up by 8% to £353.8m in 2021 as business continued to grow despite pandemic lockdowns.

The ideal retirement income is £22,500 per annum, according to new consumer research.

The pandemic has failed to dent the global growth of Certified Financial Planner professionals worldwide although UK numbers remain static.

The Strathkelvin Credit Union Limited in the Glasgow are has been declared in default by the Financial Services Compensation Scheme, opening the door to members to claim compensation expected to be in the region of £1.96m in total.

Cheshire-based Financial Planning firm Clarion Wealth Planning has added four new staff as it continues to expand.

Bestinvest, the D2C arm of Tilney Smith & Williamson, is to axe most ad hoc SIPP fees from 1 March as part of a wider shake-up of fees and services.

A third (33%) of financial advisers say clients want more contact time with them outside of traditional working hours, according to a new report.