Savings and retirement provider Phoenix Group saw assets under administration (AUA) fall 16% to £259bn last year from £310bn in 2021, after it made a pre-tax loss of £1.8bn.

Adviser support network SimplyBiz has launched an online interactive ‘Horizon Scanner’, which it said is designed to keep firms up to date with the regulatory activities happening in 2023. 

Wealth manager and Financial Planner Evelyn Partners has appointed Caroline Jarvis Gee as its new head of charity business development.

Wealth manager JM Finn has relocated its Yorkshire office after 20 years in Leeds to York to allow expansion as the team grows.

Pensions and SIPP provider @SIPP has announced the death of its founder and chairman Colin Barral at the age of 64.

The Financial Services Compensation Scheme has declared Cardiff-based pension firm The London Trading Company (UK) Ltd (FRN: 678985) in default.

Expanding South Coast-based wealth manager and adviser firm Skerritts Group has acquired Horsham-based Financial Planner Mercier Allen & Associates.

Platform and investment analyst Fundscape predicts that 2023 will be another tough year for platforms after a dismal 2022.

Increasing the Lifetime Allowance (LTA) to £1.8m - a move predicted by some experts for tomorrow's Budget - could lead to a surge in business for financial advisers, a former Pensions Minister has predicted.

The number of early retirees fell to 1.1m in the period November to January - down 7% in six months.