Wealth manager St James's Place plc has reported an 8% increase in partner numbers to nearly 4,000 in a buoyant set of full year results out today.

The Association of Taxation Technicians has warned that smaller family trusts - of the type often used by Financial Planners - are threatened by a rising red tape burden.

XPS Pensions Group, the pensions, investment and admin specialist, has added Susan Middleton and Julia Falk to its expanding specialist investment transitions team.

An accountant who acted as a trustee and administrator to pension schemes has admitted to taking more than £280,000 of pension funds to pay for his own investments including a nursery and physiotherapy business.

A large number of ‘baby boomers’ - those aged 55-73 - have little appetite for investment risk and 39%  have ‘zero’ willingness to take a risk with their money, according to a survey.

Chartered Financial Planner Hilary Schofield FPFS has been recognised as a ‘Power Returner’ for successfully forging a new career as a planner after a senior role in food manufacturing.

The Financial Conduct Authority has called on the investment sector and wealth managers to improve the way they disclose costs and charges to clients following a review of the sector which found shortcomings.

Nigel Green, the chief executive of global wealth adviser deVere, has acquired Credence International, a UAE-based wealth management and Financial Planning business.

National IFA and Financial Planning firm Continuum has expanded into East Anglia with the recruitment of adviser business Peter Barton in Norwich.

More than one in three regular savers has avoided investing because there are too many funds to choose from, they say.