Wellington Court Financial Services Limited, which was declared in default by the FSCS in June, has had its temporary permissions revoked by the FCA.

Experienced investment manager Justin Onuekwusi has begun his new role as chief investment officer (CIO) at wealth manager St James’s Place.

The FCA has revealed that on 22 August it imposed restrictions on London Court Limited (FRN 146522) for failings relating to the 'My Investment Hub' platform.

Fast-growing Financial Planner and wealth manager Kingswood Group has completed its acquisition of Sterling Trust Financial Consulting after making the final deferred consideration payment of £1.775m.

The popularity of ESG investing is declining according to the annual ESG Attitudes Tracker from the Association of Investment Companies.

The number of Financial Planners is set to grow according to wealth consultancy NextWealth, after its research showed that Financial Planners are younger and more ambitious than typical financial advisers.

Turbulent economic conditions and the Consumer Duty challenges have hit confidence in the future of the advice profession with 16% - one in six - of firm owners looking to sell or exit the market in the next 18 months.

Pension services and SIPP provider STM has been acquired by Guernsey-based investment vehicle Pension SuperFund Capital in a £39.8m deal that was extended several times since first being announced in July.

Twelve firms entered default in August and September, including ten financial adviser firms and two credit unions, the FSCS has confirmed today.

A crooked tax agent and accountant - who is also an internationally-ranked chess player - has been jailed for 10 years after being found guilty of stealing more than £750,000 in a tax and mortgage fraud.