Independent Wealth Planners (IWP) has acquired Guildford-based Financial Planning firm Omnium Capital Limited.

JP Morgan Chase has acquired loss-making digital wealth manager Nutmeg as it looks to expand its retail digital wealth management offering.

Three directors of Financial Planning and wealth management group AFH have resigned today as the £232m sale of the business went through.

Wealth manager Quilter has appointed Tosin James-Odukoya as its new head of inclusion and wellbeing.

The London Institute of Banking & Finance (LIBF) has launched a new professional recognition designation for mortgage advisers.

Total global financial wealth soared by 8.3% in 2020 to a record £178 trillion despite predictions of a decline due to Covid-19, according to a new report by the Boston Consulting Group.

Chartered Financial Planner Darren Antony Reynolds has been banned from being a director for 13 years for pension transfer failings which resulted in clients losing £24m from their pensions.

Major workplace pensions provider NOW: Pensions is to commit to net zero carbon emissions by 2050 and an expanded sustainable investment strategy in a major shift towards ESG investments.

The number of NHS staff opting out of its pension scheme rose by 22% last year, according to a Freedom of Information request by Quilter.

Tilney Smith & Williamson’s Sustainable MPS (managed portfolio service) is being added to four new platforms, increasing total availability to six platforms.