Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.

Wealth manager and Financial Planner Sanlam UK has made two senior appointments at its Harrogate office and plans to expand the hub further.

Standard Life Aberdeen reported adjusted pre-tax profit for 2019 of £584m, down 10% due mainly to lower revenues.

SimplyBiz, a provider of compliance and business services to financial advisers, has reported 2019 group revenue up by 24% to £62.8m following the “successful” acquisition of data and ratings provider Defaqto.

The Financial Planning Standards Board, the international Certified Financial Planner standards body, is aiming to have 250,000 CFP holders by 2025 - an increase of 62,000 over the next five years.

Two of the world’s biggest financial businesses are to combine with Aon buying rival Willis Towers Watson for £23bn.

Women are facing retirement with pension pots up to 50% less than men in some UK regions and an average pension gap of 39%, according to a new study.

Defined benefit pension transfer values rose in February with Coronavirus fears spurring the rise, according to the XPS Transfer Watch Index, a monthly study of transfer values.

The takeover of acquisitive Financial Planning-focused wealth manager Harwood Wealth by global private equity firm Carlyle has been completed today.

The Financial Conduct Authority has today launched a review of how data and advanced analytics are being used in wholesale financial markets.