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

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.

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.

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.

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

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.

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

Financial Planning Today's sister job hub Financial Planning Jobs is offering free job vacancy listings for employers until the end of July to help professionals find new jobs during and post the pandemic.

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.

Quilter has appointed former Ignis Asset Management chief executive Christopher Samuel as chair of Quilter Financial Planning.