Data and ratings provider Defaqto has extended its Star Ratings to cover Digital Wealth Management.

Financial services consultancy the lang cat has launched Platform Analyser, an online tool for financial advisers to “simplify” the investment platform selection process.

Wealth manager St James’s Place has appointed two female non-executive directors following criticism that financial services’ boards lack diversity.

Financial Planning fintech firm Dynamic Planner is to launch what it calls a “revolutionary” cashflow tool upgrade later this year.

The rapid rise of index-tracking funds saw a new high in 2019 with more than £18bn invested, double the previous year.

The Treasury has appointed two new non-executive directors to the Financial Conduct Authority board.

Savings sector trade body TISA and fintech Altus have launched an online self-assessment tool, the Vulnerability Radar, to help firms “understand and identify” how to support vulnerable customers. 

Peter Hargreaves, one of the two founders of Bristol-based investment provider Hargreaves Lansdown, is to sell £500m of his shares.

Hargreaves Lansdown co-founder increased his share sell off from £500m to £550m today due to strong demand from institutional investors. 

More than half of workers (54%) are in the dark about the size of their pension pots, according to a major survey by pensions industry trade body the PLSA.