Abrdn is to revamp its Financial Planning arm, formerly known as 1825, resulting in the closure of offices in Reading, Sheffield and Bristol (Bristol will be retained by the group).

There were 1,823 complaints to the Financial Ombudsman Service about financial advisers in 2022/23, the same number as the previous year.

HMRC has extended to 5 April 2025 the opportunity for taxpayers to fill gaps in their National Insurance record from April 2006.

Adviser platform Transact has criticised the approach some other platforms have taken towards cash handling and the use of cash interest.

The UK is expected to see a net outflow of 3,200 high-net-worth individuals in 2023, according to a new report.

Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum.

Wealth management veteran Tyron Edmonds has acquired West Midlands-based IFA Jackson Hodge Wealth.

The Treasury Committee, the influential Commons committee of MPs, has written to FCA chief executive Nikhil Rathi to raise questions on the regulator’s reported investigation into Odey Asset Management.

Nearly one in four people expect to become millionaires in their lifetimes, according to new research.

Aberdeenshire-based Acumen Financial Planning has expanded in West Scotland with a new office in Glasgow.