Old Mutual Wealth has launched a standalone multi-asset investment business as it reshapes its business model in preparation for “managed separation” of the company from its parent group.

Old Mutual Wealth Private Client Advisers has acquired Dodd Murray, a Cumbria-based Financial Planning business for an undisclosed sum.

UK employees have voted financial services managers the UK’s best, according to a new survey.

Rathbones board has ended its exclusive merger discussions with wealth manager Smith & Williamson.

Fast growing Sipp and SSAS provider Curtis Banks is considering axing its Market Harborough office, making a number of roles potentially redundant.

Investment and wealth management firm Walker Crips has announced the appointment of a new chief executive as part of a change of senior management.

Chartered Financial Planning firm Manse Capital - also a CISI Accredited Firm - is to host its first Charity Golf Day next month in aid of Yorkshire Air Ambulance and the Jane Tomlinson Appeal.

The number of retirees opting for income drawdown has more than trebled since the introduction of pension freedoms, new figures show.

SIPP and platform provider James Hay has seen revenues drop by £1.4m, in disappointing results for the first half of the year.

A new survey has revealed the rapid growth of Centralised Investment Processes (CIPs) with 82% of intermediaries now using a CIP and 76% using model portfolios.