Financial Planner and accountancy firm Old Mill has changed things at the top by appointing a new-look board of directors.

More than nine in ten (93%) wealth managers and financial advisers reckon that social media noise around stocks makes it harder to give professional advice to clients, according to a new study.

National accountancy firm MHA MacIntyre Hudson, which has a wealth management arm, has been fined by the accountancy watchdog for audit breaches over a company that listed bonds on the stock market.

Berkshire Financial Planner Tavistock has terminated its 10-year strategic investment partnership with Titan Wealth, blaming “unacceptable performance.”

With so many other challenges facing the wealth management sector, from legacy technology to developing compelling products and services, why are firms turning their attention to complaints?, writes Kate Monserrate, co-founder of advice and wealth management business consultancy Simplify Consulting.

Acquisitive South Coast-based wealth manager and financial adviser Skerritts has acquired £400m AUM Surrey Financial Planning firm KMG Independent Limited - and its sister firm KMG Investment Management Limited - for an undisclosed sum.

Fintech and back office system provider Iress has promoted Alistair Morgan to a newly-created role of executive managing director - UK.

As expected, Rachel Reeves has been appointed Chancellor of the Exchequer in Sir Keir Starmer’s first cabinet, announced after last week's election.

Adviser-focused platform Wealthtime (formerly Novia) has cut the amount of possible client compensation it has set aside over legacy assets to £10.5m.

The FCA has warned firms with overseas appointed representatives (OARs) that they need to carry out greater supervision.