Aberdeenshire-based Financial Planning firm Acumen Financial Planning has added 17 new members of staff across its offices over the past year.

Tilney Smith & Williamson has added Capital Risk Management’s 10-strong team to its Edinburgh office for an undisclosed sum.

Wealth manager Brewin Dolphin reported Financial Planning income up 24.6% year-on-year to £23.8m in the six months ending 31 March, driven by higher fund levels and demand for advice.

Nine in 10 SIPP millionaires investing with Hargreaves Lansdown are men, underlining the gender pension gap, according to new research.

The Central Arbitration Committee has rejected an application from union Unite to be recognised as the union for Financial Conduct Authority employees.

Assets across all advised platforms fell by 2.42% in the first quarter of this year.

The individual wealth score of Britons fell by 8% in the first quarter of the year, according to the LifeSearch Health, Wealth and Happiness Index.

Ludlow Wealth Management, a subsidiary of wealth manager and SIPP provider Mattioli Woods, has acquired £80m AUM Glasgow Financial Planner Ferguson Financial Management in a deal worth up to £1.2m.

Fast growing Financial Planning and wealth management firm Kingswood is to acquire Lincolnshire IFA Vincent & Co for up to £421,000.

Quintet Private Bank, the owner of Financial Planner and wealth manager Brown Shipley, has appointed experienced HSBC executive Chris Allen to be its new group CEO.