The CFA Institute, the global professional body for investment management professionals, has reported that 73,688 candidates took its Level I Chartered Financial Analyst exam worldwide in December with 42% passing (32,628).

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A Scottish-based regulatory technology firm Encompass has secured a £1.97m research and development grant from Scottish Enterprise to develop a crime-busting Artificial Intelligence Platform for its financial services clients.

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Acquisitive Chartered Financial Planner HFMC Wealth has acquired London wealth manager Aspinalls.

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HMRC says that a ‘record breaking’ 11.1m taxpayers beat the 31 January tax return deadline but 958,000 missed the cut off date.

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New research suggests that the number of people considering a career in financial advice is growing as demand for professional financial advisory staff rises.

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The LF Woodford Income Focus Fund is to re-open on 13 February under the Aberdeen Standard Investments brand.

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The Chartered Institute of Taxation has warned that a HMRC glitch could mean Marriage Allowance claims have been wrongly calculated.

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Wealth manager St James’s Place says its adviser numbers grew by more than 300 in the past quarter to 4,271 - up 8%.

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Chancellor Sajid Javid has announced a cut to National Insurance from April which should benefit 31m taxpayers.

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Robo-adviser Nutmeg believes it has bucked the trend in the beleaguered digital adviser sector with 41% year on year growth in AUM.

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