Savers invested £2.4bn in funds in February, according to trade body data published today.

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Flexible working and digital transformation were the key focuses for financial advice businesses surveyed by the Personal Finance Society and Chartered Insurance Institute in March.

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Investment firm Redmayne Bentley has launched its first digital-only Managed Portfolio Service (MPS).

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Life insurance specialist Utmost Group is to acquire Quilter’s cross-border platform Quilter International for £483m cash to add to its wealth solutions arm.

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The Financial Ombudsman is to increase its case fee by £100 to £750, according to its new budget and financial plans published today.

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M&G Wealth has axed the brand names of its recently-acquired wealth platform Ascentric and its advice business Prudential Financial Planning (PFP) to bring the businesses under the M&G Wealth name.

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St Albans-based Lumin Wealth has acquired nearby IFA firm Chamberlain Stean and West for an undisclosed sum.

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The FCA confirmed today that it will consult on better protection for investors when Special Purpose Acquisitions Companies (SPACs) are used as takeover vehicles.

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Chorley-based True Bearing Chartered Financial Planners has been awarded an Investors in People Gold Standard for the fourth time.

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James Hay is set to acquire rival platform Nucleus via a recommended cash takeover offer, a change of tack from its original plan of using a scheme of arrangement.

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