Winchester-based Financial Planning firm Collingbourne has become the latest Financial Planning business to achieve CISI Accredited Financial Planning Firm status.

Digital financial adviser Wealth Wizards has recruited Peter Coleman, former Financial Planning and strategy director for Prudential’s advice division, as chief commercial officer. 

The Consumer Prices Index (CPI) 12-month rate was 2% in June 2019, unchanged from May 2019.

The Financial Services Compensation Scheme has opened the door to compensation claims from consumers after declaring 11 failed firms, including several adviser and wealth manager businesses, in default in June.

The Pensions Regulator says it will target advisers after uncovering evidence that some are helping employers change identity to avoid their auto-enrolment obligations.

Yorkshire-based wealth manager Leodis Wealth has recruited an ex-HSBC client manager as an associate director to help drive the launch of its new Financial Planning operation.

Arbuthnot Latham, the wealth management and Financial Planning arm of the Arbuthnot Banking Group, has boosted profits by 24%.

Transfer volumes through the Origo Transfer Service have increased by 20% year on year between 30 June 2018 and 30 June this year, to over 680k, it has been revealed.

LinkedIn remains the top choice of social media platform for advisers to promote their businesses but Facebook has gained the biggest increase overall, according to Intelliflo's annual social media survey.

Financial Planning and wealth management firm, The RU Group, has made two new senior hires at its Nottingham HQ.