Peter Hargreaves, one of the co-founders of fund platform Hargreaves Lansdown, has sold off a £300m stake in the firm he launched with business partner Stephen Lansdown in 1981.

Fund manager Jupiter has renamed most of the Merian funds it has acquired to bring them in line with Jupiter’s fund range.

Leicester-based wealth adviser Westerby Investment Management has recruited three new members of staff from Berkeley Burke in an expansion move.

The Consumer Prices Index (CPI) measure of inflation rose 0.7% in the 12 months to January, up from 0.6% in December, the ONS reported today.

The FCA is to work with the Jersey regulator to review plans by fallen fund manager Neil Woodford to stage a comeback.

Financial advisers have urged the Chancellor to focus on initiatives to boost economic growth in his March Budget, according to new research.

Wealth manager Brown Shipley has hired Dan Morris as a client adviser for its Birmingham office from Smith & Williamson where he was a Chartered Financial Planner.

Financial Planners are being driven from the defined benefit pension transfer market due to an inability to secure affordable professional indemnity insurance, according to the Personal Finance Society.

7IM has launched its Responsible Choice Model Portfolios to broaden its offering of ESG options for Financial Planners and their clients.

Yorkshire-based Chartered Financial Planner Belmayne has added to its Financial Planning team and said it is looking for more planners to join the firm.