Wealth manager St James’s Place has added a new ‘CIO Office’ team to oversee the running of its investment processes.

The Consumer Duty Alliance, the body aiming to boost trust and confidence in financial advice, is launching a major initiative to help recruit new industry talent.

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

Investment expert Fraser Donaldson reviews the FCA's latest 'Dear CEO' letter on cash interest. Mr Donaldson, Insight Consultant at Defaqto, writes a regular column on DFMs for Financial Planning Today magazine with the latest column reproduced below. To view Fraser's past columns and lots more content in the magazine register and subscribe to the magazine. If you are not yet registered for Financial Planning Today website do so now to find out more. Registration is free.

Pension transfer activity fell to its lowest level in over six years in February, according to the latest data from pensions consultancy XPS.

More than 9 in 10 (92%) of financial advice clients with over £200,000 in investible assets have an allocation to infrastructure investments, according to new research.

National Financial Planner Wren Sterling has completed its first acquisition of 2024 with a deal to buy £265m AUM Newcastle-under-Lyme firm TW Financial Planning.

The FCA has opened a consultation into new guidance to be added to its Perimeter Guidance Manual (PERG) as the much-delayed Pension Dashboards Programme continues to inch forwards.

The Abrdn Property Income Trust (API) fund is to be wound-down following a failed merger with the Custodian Property Income Reit fund.

Wealth manager St James’s Place has entered into its first TV sponsorship deal as it aims to increase its brand awareness.