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.

Investment firm Redmayne Bentley has launched its first digital-only Managed Portfolio Service (MPS).

Flexible working and digital transformation were the key focuses for financial advice businesses surveyed by the Personal Finance Society and Chartered Insurance Institute in March.

Savers invested £2.4bn in funds in February, according to trade body data published today.

Almost two-thirds (63%) of investors want providers to be more 'environmentally transparent' about where they invest their pensions, according to a new report.

Independent Wealth Planners (IWP) has acquired 3 Financial Planning firms, increasing its number of acquisitions to 22 since its launch two years ago.