Wealth manager St James’s Place returned to profit last year after introducing a simpler and more comparable charging structure following customer complaints.

Recent strong stock market performance has been a boon for platforms, according to new data published today by platform analysts Fundscape.

The FCA is to launch a multi-firm review of Model Portfolio Services (MPS) and their compliance with the Consumer Duty.

The Pensions Policy Institute (PPI) has urged policymakers and pension providers to adapt to help Gen Z’s retirement prospects which it warns will be hit by their ‘unique’ financial pressures.

Six financial projects have been awarded funding of up to £30,000 each from the FCA as winners of its economics research competition.

Andy Briggs, CEO of Phoenix Group, has become the new president for the Association of British Insurers (ABI) with immediate effect and will hold the role for the next two years. 

Schroders has appointed former JP Morgan banker Oliver Gregson as CEO of wealth management to replace Mary-Anne Daly, who will step back from her full-time responsibilities at the end of June to make time for other interests.

The winding-up of the failed IFA Nexus Independent Financial Advisers (FRN 584769) looks set to take longer than expected, with unsecured creditor claims still waiting to be met.

The former principal partner of wealth manager WealthTek, John Dance, is to stand trial in connection with allegations of a £64m fraud and money laundering charges.

Leicester-based Chartered Financial Planning firm Boolers has launched three new multi-asset fund of funds to expand its investment offering to clients.