Charles Randell, chair of the FCA, has today announced the appointment of Marlene Shiels, chief executive of Capital Credit Union, as chair of the FCA’s Smaller Business Practitioner Panel.

Fintech firm Defaqto has extended the capability of its end-to-end Financial Planning software with the addition of MiFID II portfolio cost analysis ability.

SIPP provider Curtis Banks Group has revealed increased profits and assets in its interim results for the six months to 30 June.

Wealth management group Tilney, which manages more than £25bn of assets, is expanding its Financial Planning team in Cambridge with two new hires.

Robo-advisers were selected as the preferred investment provider by 4% of the UK's mass affluent investors, a sharp increase on the 1.3% seen in 2018.

Chancellor Sajid Javid has rejected a call to kill off in the near future the Retail Prices Index (RPI) measure of inflation – a figure used for the indexation of many pensions and financial products.

Growing wealth manager and Financial Planner Kingswood has acquired Sheffield-based IFA business WFI Financial LLP for £14m.

Beaufort Financial, a national partnership of financial advisers, has expanded in Liverpool by absorbing a local advice firm with £50m under management.

The Chartered Institute for Securities & Investment is encouraging UK Financial Planners to back its national annual consumer campaign - Financial Planning Week - which will run from 7-11 October.

Premier Asset Management is to merge with rival fund manager Miton in a recommended all-share deal which will create a business with £11.5bn under management.