The FCA has extended the deadline for firms to complete the first assessment of the “fitness and propriety” of their Certified Persons under the new Senior Managers and Certification Regime (SMCR) from 9 December until 31 March.

Financial Planner Schroders Personal Wealth has appointed former Openwork chief executive Mark Duckworth as its new CEO.

The High Court has ruled in favour of the FCA in a civil action against two firms and their directors who induced clients to transfer their pensions into SIPPs and alternative investments without FCA authorisation.

National IFA Chase de Vere has completed the acquisition of Angus-based adviser Ferguson Oliver and said it is searching for more acquisitions.

Investors under 34 were far more likely to have used their time during lockdown to improve or protect their financial position, however only one in ten had contacted a Financial Planner, according to a new survey.

One of the authors of a new global wealth management report believes that the Covid-19 outbreak could have a “profound” impact on the UK wealth management sector which has flourished in recent years.

The growing Financial Planning firm Independent Wealth Planners (IWP) has made another acquisition in the South West with Westinsure Webb Financial Services joining its regional hub, Kelsall Steele Investment Services.

Almost £10bn was transferred out of defined benefit pensions in the final quarter of 2019, according to official data.

Keith Skeoch is to step down from the board of Standard Life Aberdeen after five years as group chief executive and fourteen years as a director.

Financial Planning Group Truinvest made its first two acquisitions since its formation last year and said that more acquisitions are to follow.