Major workplace pensions provider NOW: Pensions is to commit to net zero carbon emissions by 2050 and an expanded sustainable investment strategy in a major shift towards ESG investments.

Chartered Financial Planner Darren Antony Reynolds has been banned from being a director for 13 years for pension transfer failings which resulted in clients losing £24m from their pensions.

Total global financial wealth soared by 8.3% in 2020 to a record £178 trillion despite predictions of a decline due to Covid-19, according to a new report by the Boston Consulting Group.

The London Institute of Banking & Finance (LIBF) has launched a new professional recognition designation for mortgage advisers.

Wealth manager Quilter has appointed Tosin James-Odukoya as its new head of inclusion and wellbeing.

Three directors of Financial Planning and wealth management group AFH have resigned today as the £232m sale of the business went through.

Digital IFA disruptor Fintuity has raised £2.15m of private and institutional investment to develop solutions to extend financial advice and attempt to close the UK’s growing financial advice gap.

JP Morgan Chase has acquired loss-making digital wealth manager Nutmeg as it looks to expand its retail digital wealth management offering.

Independent Wealth Planners (IWP) has acquired Guildford-based Financial Planning firm Omnium Capital Limited.

The number of defined benefit pension transfers with at least one warning sign of a potential scam or poor member outcomes has hit its highest level in five months.