Private equity investment firm HPS Investment Partners has purchased a majority stake in adviser platform Nucleus for an undisclosed sum.

Rhian Morgan and Kevin Mackenzie of Acumen Financial Planning have joined the board of parent company The Financial Planning Group.

Cyber security incident reports to the Financial Conduct Authority (FCA) rose 52% in 2021, with 116 reports received.

IFRS trading profit for life, pensions and investments provider LV= jumped by 222% to £29m in 2021 as the firm’s CEO says LV= will seek to retain its independence. 

New figures from the FCA reveal that over 2,000 new fintech firms have applied for support since its Innovation Hub was opened in 2014.

A lack of digital and ESG offerings is preventing some Financial Planners from winning new business from the families of existing clients, according to a new report.

Entrepreneurs are more likely to choose to invest in property rather than a pension, according to new research.

From today equity release customers have the right to make voluntary, penalty-free partial loan repayments.

The UK Government has sold £1.2bn of its shares in NatWest Group, reducing its stake to below 50% for the first time since its 2008 rescue deal for the group.

Wealth manager and Financial Planner BRI Wealth Management has appointed Dan Boardman-Weston as its next CEO from 1 April.