Life insurance claims rose by 17% in 2020 at protection provider Aegon.

The Financial Conduct Authority has confirmed its finalised Defined Benefit (DB) transfer guidance for financial advisers.

Discretionary fund manager Seven Investment Management (7IM) has suspended two of its funds due to liquidity concerns.

Chorley-based True Bearing Chartered Financial Planners has been awarded an Investors in People Gold Standard for the fourth time.

James Hay is set to acquire rival platform Nucleus via a recommended cash takeover offer, a change of tack from its original plan of using a scheme of arrangement.

The FCA confirmed today that it will consult on better protection for investors when Special Purpose Acquisitions Companies (SPACs) are used as takeover vehicles.

St Albans-based Lumin Wealth has acquired nearby IFA firm Chamberlain Stean and West for an undisclosed sum.

M&G Wealth has axed the brand names of its recently-acquired wealth platform Ascentric and its advice business Prudential Financial Planning (PFP) to bring the businesses under the M&G Wealth name.

The Financial Ombudsman is to increase its case fee by £100 to £750, according to its new budget and financial plans published today.

Life insurance specialist Utmost Group is to acquire Quilter’s cross-border platform Quilter International for £483m cash to add to its wealth solutions arm.