Sir David Harrison is stepping down as chairman of Financial Planning-focused wealth management firm True Potential, the company he founded in 2007.

Major Swedish-owned wealth manager Söderberg & Partners is launching an adviser platform powered by investment platform Seccl.

Some 56 FCA-regulated firms amended or withdrew 5,310 financial promotions or advertising between 1 July and 30 September following intervention by the regulator.

Bolton financial adviser Client’s First Financial Consultants (FRN: 767449) has had its permission to conduct regulated activities withdrawn by the FCA after it failed to pay regulatory fees of almost £4,000.

Wealth management and Financial Planning firm Evelyn Partners has boosted its Bristol Financial Planning team by making three experienced appointments.

Almost half of peopled aged over 50 do not have a detailed retirement plan while only 16% of UK adults are ‘totally confident’ they have enough money to retire in comfort, according to a new UK Retirement Confidence Index.

The absence of a Pensions Bill in today’s King’s Speech is was “frustrating” and “disappointing”, according to pension experts.

Further consolidation in the direct to consumer platform sector is on the cards as providers struggle to find new business, according to investment consultancy Fundscape.

Private equity-funded Financial Planner Cooper Parry Wealth (CPW) has made its third acquisition this year by fully taking over its £220m AUM Tunbridge Wells-based joint venture Creaseys Wealth.

US private equity firm Parthenon Capital is to acquire a majority share of wealth manager and Financial Planner Titan Wealth later this month.