New research suggests that wealthier investors are the most likely to be victims of financial scams with 49% of those with assets of £250,000 or more saying they have been victims.

XPS Pensions Group, the actuarial, consulting and admin business, is to acquire the business and key assets of Manchester-based SIPP and SSAS provider Michael J Field Consulting Actuaries for £3.75m. 

The Financial Conduct Authority has published a Decision Notice set to impose a provisional fine of £40.8m against hedge fund firm BlueCrest Capital Management (UK) LLP for conflict of interest failings.

Fintel, the fintech which owns SimplyBiz and Defaqto, has signed up fund managers Premier Miton and Carmignac to join the investment firms using its managed distribution service launched earlier this year.

The Quilter Foundation, the charitable arm of wealth manager and financial adviser Quilter, is donating £50,000 to the international appeal for Afghanistan launched last week by the Disasters Emergency Committee (DEC). 

Most workplace pension savers are failing to shift their money into ESG or sustainable funds, according to new research.

Financial Planners have warned that better planning is needed to help thousands avoid steadily rising Inheritance Tax bills as more estates are caught by the death tax.

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The Financial Conduct Authority issued a record 1,300 consumer warnings in 2021 as it stepped up efforts to protect investors.

Fast-growing wealth manager and Financial Planner Kingswood has completed the acquisition of asset manager and IFA the IBOSS Group less than two months after announcing the deal.