Wealth management giant St James’s Place (SJP) has reported gross inflows of £3.05bn for Q3 2020, a drop of 18% from Q3 2019, with funds under management up 1.5% to a record high of £118.7bn.

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Fairstone, one of the UK’s largest Chartered Financial Planning firms, has acquired Essex-based Andrew Cohen Associates after integrating the business under its Downstream Buy Out model.

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Wealth management and financial advice trade body PIMFA has called on the Government to tighten the rules on the promotion of unregulated financial promotions.

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International wealth manager deVere has said Nigel Farage’s advocating a DIY approach to investing could be monumentally risky for inexperienced investors reading his newsletter.

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Only 4% of pension savers would opt out of free pension guidance if they were ‘auto-enrolled.’

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The FCA has today publicly censured Aviva plc for making a stock market  announcement that had the potential to mislead retail investors.

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Wealth manager EQ Investors is to host an impact investing webinar for Financial Planners tomorrow to coincide with Good Money Week which gets under way today.

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Activist investment firm PrimeStone Capital LLP wants a radical shake-up of wealth manager St James’s Place after accusing the firm of having a "bloated" organisational structure and suffering dismal share price performance.

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Fidelity has acquired Legal & General Investment Management’s UK Personal Investing business which manages £5.8bn in assets for 300,000 clients.

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Financial services company Mazars, which has a substantial UK Financial Planning arm, has launched a global rebrand.

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