Wealth manager and Financial Planner AFH has used its latest acquisition to launch a new division - AFH Private Wealth.

The Financial Services Compensation Scheme has begun paying compensation to the 17,500 of clients of the failed discretionary fund manager Beaufort.

Investment provider Hargreaves Lansdown has issued a correction to the London Stock Exchange on the £2.5m remuneration package for its chief executive Chris Hill which was incorrectly reported in its annual accounts.

The CISI is calling on its Financial Planning members to get involved in World Financial Planning Day on Wednesday 3 October and UK Financial Planning Week from 3-10 October.

Data from the UK financial trade body UK Finance has revealed that a total of £503.4 million was stolen by criminals through authorised and unauthorised fraud in the first six months of 2018.

AFH, the wealth manager and Financial Planning firm led by a Chartered Financial Planner, has acquired the client portfolios of the Colwyn Bay office from the administrators of Beaufort Asset Clearing Services Limited and the joint administrators of Beaufort Securities Limited.

Financial provider VitalityLife has launched a risk tool which it believe will help financial advisers discuss with clients the possibility of dying before retirement.

Platform and SIPP firm AJ Bell has called for annual platform charges to be disclosed in pounds and pence.

UK wealth manager and Financial Planning group Tilney has appointed Duncan Budd as a Financial Planner for its City office.

Manchester-based Pareto Financial Planning has boosted its team of advisers with the appointment a new Chartered Financial Planner.