The Openwork Partnership, one of the UK’s largest financial advice networks, has expanded its graduate recruitment scheme to its wider business functions and announced the recruitment of an additional 15 graduates.

Bath-based financial services technology provider Altus has been sold to Canadian software company Equisoft for an undisclosed sum. 

Leading SIPP and SSAS expert Martin Tilley is to join Westbridge SSAS as director and head of Pensions Technical & Compliance from 9 August.  

The Novia platform has claimed to be the first in the UK to offer a with profits investment product to advisers and their clients.

Tilney Smith & Williamson has hired experienced Chartered Financial Planner and Dementia Champion Natasha Etherton for its Maidstone office as part of a recruitment drive in the South East.

The FCA will ban commissions on funeral plans from 29 July 2022 when it begins to regulate the funeral plans market for the first time. 

The FCA is consulting on plans to boost the number of listed companies and IPOs (initial public offerings) in the UK to encourage new investment and provide a wider choice for investors.

The Treasury is consulting on whether to axe the 10% drop rule which requires advisers to write to clients if their portfolios drop by 10% or more.

Pension adviser Portal Financial Services LLP has shut its doors to new business following a string of complaints to the Financial Ombudsman Service, many brought recently by Claims Management Companies.

Openwork Partnership, one of the UK’s largest financial advice networks, is planning a staff return to a revised 5 day a week office working model from 6 September if the government further eases Covid-19 restrictions.