Australian-owned wrap platform Praemium, used by a number of UK Financial Planners, has reported a 55% rise in funds under administration for the year ending 30 June 2021.

Cashflow and DB transfer software provider FinCalc has developed a new retirement modeller tool for Financial Planners.

The High Court has wound up seven companies run from an office in Mayfair after an investigation found that their marketing of high-risk mini-bonds was misleading.

Financial Planning Today editor Kevin O'Donnell caught up recently with John Porteous, managing director of the new Central Financial Services division at wealth manager Charles Stanley. He talked about his new role, his plans for the division and the future of advice. 

Around 4m savers under the age of 40 could be losing out on investment returns because they think a medium risk pension will produce the strongest returns for their pension.

Wealth manager and Financial Planner Kingswood Holdings has bought Admiral Wealth Management, a North Lincolnshire-based Chartered Financial Planning firm, for £4m. 

Fund manager and wealth group M&G is to acquire the rapidly growing financial advisory group Sandringham Financial Partners for an undisclosed sum.

CPI inflation showed a significant fall last month to 2% but experts warn that the drop may only be temporary and a rate of 4% by the year end is possible.

Platform and SIPP provider AJ Bell has promoted CFO Michael Summersgill to the newly-created role of deputy chief executive officer.

John Lewis has partnered with digital wealth manager Nutmeg to launch three digital investing propositions.