Wealth manager St James’s Place has expressed its sadness at the death of one of its co-founders, Lord Jacob Rothschild, who has died at 87.

Investment manager and Financial Planner Abrdn made a pre-tax loss of just £6m last year, a huge turnaround from the £546m loss posted the previous year.

The FCA has cancelled the Part 4A permissions of Liverpool-based claims management company MJL Focus Marketing (FRN 837145) after concluding that it was not a “a fit and proper person.”

The FCA is to consult on speeding up enforcement cases in an attempt to increase the deterrent impact of its actions and improve the public's confidence in the regulator as an enforcer.

The Pensions and Lifetime Savings Association (PLSA) and the Association of British Insurers (ABI) have called on Government to boost UK growth through greater pension investment in four key areas.

The £126bn Prudential with profits fund is set to share £3.5bn with more than 2m of its policyholders, owner M&G Wealth has revealed.

Quilter Financial Planning has added two appointed representative firms to its network, including a new sports and entertainment specialist as well as South West-based Chartered Financial Planner Holroyd Wealth Management.

A quarter (25%) of adults aged 55-64 are unaware of the state pension deferral option despite the fact they will soon be making important retirement choices, according to retirement specialists the Just Group.

Wealth manager St James’s Place Capital has set aside £426m to deal with client claims about historic ongoing advice after a surge in complaints in late 2023.

Financial services mutual Wesleyan has appointed Karen Blatchford as managing director of dental, direct and intermediary distribution.