The Consumer Prices Index measure of inflation fell to 1.7% in August to 1.7%.

Schroders intends to use its new Financial Planning business to launch a price war against rivals like St James’s Place and Brewin Dolphin.

Scottish Widows has appointed Graeme Bold as director of Workplace Pensions.  

Trade association PIMFA, which represents 1,000 investment managers and financial advisers, has expressed concern over what it called the “complexity” of MiFID II costs and charges.

AFH Financial Group, the wealth manager founded by a Chartered Financial Planner, has acquired Wirral-based Broadleaf Financial Services for a maximum of £3.2 million, subject to performance targets being met during a two year earn out period.

Adam Owen DipPFS, Certs CII (MP & ER) has been confirmed as President of the Personal Finance Society (PFS).

Intelliflo has revealed that Nick Eatock has returned as chief executive following the departure of Hamish Purdey.

A Chartered Financial Planners has made its first major appointment as it targets growth following a management buyout.

Financial advice network Openwork has achieved a seventh year of profit growth, with pre-tax profits hitting a new record of £22.6m, enabling the business to pay its first ever dividend to shareholders.

Seven Investment Management has added a tailored drawdown option for its SIPP which it says will allow advisers “more flexibility” when managing the quantity and frequency of a client’s drawdown payments.