AFH Financial Group, the wealth manager founded by a Chartered Financial Planner, has acquired Wirral-based Broadleaf Financial Services for a maximum of £3.2 million, subject to performance targets being met during a two year earn out period.

Trade association PIMFA, which represents 1,000 investment managers and financial advisers, has expressed concern over what it called the “complexity” of MiFID II costs and charges.

Scottish Widows has appointed Graeme Bold as director of Workplace Pensions.  

Schroders intends to use its new Financial Planning business to launch a price war against rivals like St James’s Place and Brewin Dolphin.

The Consumer Prices Index measure of inflation fell to 1.7% in August to 1.7%.

Kames Capital has published a number of strategies aimed at protecting portfolios from the possibility of a Jeremy Corbyn-led government.

Octopus Investments, part of Octopus Group and provider of venture capital trusts (VCTs) has opened a new fundraise for Octopus Titan VCT, managed by Octopus Ventures. 

A mountain of claims against it has forced Berkeley Burke SIPP Administration Limited (BBSAL) to go into administration, with the book of business transferred to Hartley Pensions Limited.

Financial Planning and wealth management firms Smith & Williamson and Tilney have agreed to combine the two firms.

The Financial Services Compensation Scheme (FSCS) is now open to claims against Berkeley Burke SIPP Administration Limited (BBSAL).