Fast growing wealth manager and Financial Planning group Succession has acquired four financial advisory firms as it heads toward 50 takeovers.

The former chief executive of Financial Planning firm Towry -Andrew Fisher - has joined wealth manager Smith & Williamson.

SIPP provider Curtis Banks released its annual trading update for the year ending 31 December 2017 showing a rise in assets under administration of 20% following a major takeover of a rival.

The Consumer Prices Index (CPI) 12-month rate was 3.0% in December 2017, down from 3.1% in November 2017, ONS reported today.

Consumers could be in line for compensation after the Financial Services Compensation Scheme (FSCS) declared 15 firms in default including several Financial Planning businesses.

The total value of tax fraud in the UK has risen 538% to £2.11bn in the last 15 years and is up 6.5% from £1.99bn in 2016, according to new research from accountancy and business advisory firm BDO LLP.

Cash ISAs have provided the lowest rates of return since they were launched, according to an industry report.

The Pensions and Lifetime Savings Association (PLSA) has warned consumers against transferring out of their defined benefit scheme in the wake of the Carillion collapse without careful consideration and guidance.

Jessica Dodds ACIM, marketing manager at Chartered and Certified Financial Planning firm Manse Capital, is to take on the role of Financial Services Ambassador for the Chartered Institute of Marketing Yorkshire Board.

Training staff about the new data protection GDPR rules ahead of implementation on 25 May should be a top priority to ensure firms mitigate the risks of expensive data breach claims, according to a GDPR industry working party.