Fast growing wealth manager and Financial Planner Advanta Solutions, owner of Chartered Financial Planner Advanta Wealth, has acquired London Financial Planner firm Penney, Ruddy & Winter (PRW).

The FCA has today banned and fined James Lewis, the former CEO of City of London wealth manager and investment broker Shard Capital Partners.

Rising equity markets spurred a surprise jump in Direct to Consumer ISA inflows in Q1, according to market analyst Fundscape.

More than one million families are expected to contain more than one retired generation by 2034 – a 32% increase on the 813,000 multi-retiree families seen currently, according to a new study.

Expanding wealth manager and Financial Planer Titan Wealth has completed the acquisition of HNW-client focused London-based investment adviser Wigmore Associates Wealth Management for an undisclosed sum.

The FCA is to improve its handling of regulatory returns after the Complaints Commissioner upheld a complaint against the watchdog.

The Serious Fraud Office has today secured the conviction today of ex-IFA and investment manager David Kennedy for his role in a £100m investment fraud in which hundreds lost part of their life savings.

Pensions firm Punter Southall has launched Pension Potential, an app-based digital retirement planning tool for businesses and employees, as well as pension schemes and their members.

The Pensions Regulator plans to change its guidance on decumulation and says it also wants to see fewer but larger DC pension schemes to provide the best outcomes for pension savers.

The Equity Release Council, the trade body for equity release providers, has urged advisers to check their responsibilities under the next phase of the FCA’s Consumer Duty which takes effect from 31 July.