Momentum Pensions, a UK and international SIPP and pension provider, has appointed Sandra Robertson as its new group chief executive as Stewart Davies hands over the role after six and a half years.

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The Paraplanner Powwows, the support and training initiative for Paraplanners, is launching ‘Lockdown Lingo Bingo’ to herald its new virtual Paraplanner Coffee Mornings initiative.

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Women are more likely than men to be worried about their finances during the Coronavirus pandemic, according to new research.

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CPI inflation fell in April to 0.8% from 1.5% in March, driven down mainly by falling fuel and energy costs.

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Fund manager Ninety One, formerly Investec Asset Management, has reported full year pre-tax profits up by 11% to £198.5m but Assets Under Management down 7% to £103.4bn.

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Fairstone, one of the UK’s largest Chartered Financial Planning firms, has signed terms with a Northern Financial Planning firm to join its progressive acquisition programme expected to result in the takeover of the firm.

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Leading economists expect UK Gross Domestic Product to decline by a record -8.6% this year before bouncing back strongly in 2021 with a rise of 6.2% predicted next year.

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The Edinburgh-based private bank Adam & Company has appointed former Barclays Wealth Planning director Andy Hall as its new Financial Planning director.

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The Financial Services Compensation Scheme (FSCS) has blamed potential claims from the London Capital & Finance (LCF) mini-bond scandal for an additional £44m cost in its £649m 2020/21 budget.

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The Personal Finance Society has called for a four month ‘waiver’ for financial advice firms struggling to find affordable Professional Indemnity insurance during the Coronavirus pandemic.

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