Negotiations over a £41m offer for SIPP and pensions provider STM Group have been extended for a second time.

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Chancellor Jeremy Hunt unveiled a wave of pension and regulatory reforms in his Mansion House speech last night, going further than many expected.

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The Financial Conduct Authority has disrupted 26 unregistered crypto ATMs operating unlawfully so far this year as it continues its crackdown on the dodgy machines.

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The Personal Finance Society has selected Barclays Wealth Chartered Financial Planner Anthony Ward as its new interim President and appointed two new member directors to its board.

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Financial Planning and cashflow modelling software provider Voyant is to use data platform Moneyhub’s open banking and open finance APIs throughout its adviser systems.

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Financial Planning firm Ascot Lloyd has bought Swansea-based IFA Portfolio Financial Consultancy which has £323m assets under management.

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Chancellor Jeremy Hunt will today promise “evolutionary not revolutionary” pension reforms to unlock capital for high-growth businesses and boost outcomes for pension savers.

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The Financial Conduct Authority has cancelled regulatory permissions for Bradford-based financial advisers Gateway Financial Solutions Limited (GFSL).

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M&G Wealth Advice has recruited appointed Matthew Ings FPFS from wealth manager St James’s Place (SJP) to lead its adviser academy.

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South West Financial Planner and accountancy firm Old Mill has appointed Adil Taha as its first chief operating officer to expediate growth at the business and develop its operational infrastructure.

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