Wealth manager and Financial Planner Tavistock Investments has posted a £1.23m profit for the year ending 31 March, in contrast to the £5.5m loss the previous year.

David Ferguson, CEO and founder of adviser platform Nucleus, is to step down from the company following its takeover by rival James Hay.

As school students return to school, the Personal Finance Society has restarted its ‘My Personal Finance Skills’ programme which saw 18,000 students learn money skills over the past academic year.

Two major fund managers, Fidelity and Janus Henderson, have today separately launched mutual funds designed to help tackle climate change.

The Pensions Dashboards Programme (PDP) has hired leading consultants Capgemini to deliver the critical technical framework needed to bring the dashboards to life as they enter a crucial “develop and test” phase.

Wealth manager and SIPP provider Mattioli Woods has completed its delayed takeover of £1.6bn AUM Ludlow Wealth Management Group.

Cirencester Friendly chief executive officer Paul Hudson is to retire from the firm after 25 years at the helm.

One of South Africa’s biggest independent financial advisers AlphaWealth has entered the UK Financial Planning market by acquiring a majority stake in UK Chartered Financial Planner Holborn Financial and plans to acquire more firms.

Retail investors piled £4.8bn into investment funds in July, according to Investment Association data.

East Midlands-based Financial Planning firm George Square Financial Management has added a Chartered financial adviser to its team to support the firm’s expansion plans.