North East-based Chartered Financial Planning firm Fairstone has established an Aberdeen hub to boost its footprint in Scotland following the acquisition of two local Financial Planning firms.

Financial Planning business Finli has raised £14,074 for Alzheimer’s Society and Alzheimer Scotland during a relay challenge that saw its workers cover 3,603 miles by walking, running, and cycling.

Nigerian fintech LemFi has received FCA approval to acquire Wealth8, a black-owned UK-based investment platform, for an undisclosed amount.

Adviser platform Transact has launched Dimensional’s managed portfolio service (MPS) on its platform.

London-based Chartered Financial Planner First Wealth has today launched a comprehensive guide to its 'Measure Wealth by Wellbeing' framework, asking clients to assess how they feel about how their finances affect their wellbeing.

Shares in Salford-based financial adviser and professional services firm Frenkel Topping will be suspended tomorrow ahead of its £65.8m takeover by private equity firm Harwood.

Responding to today’s Mills Review, the FCA's examination of the impact of AI on financial services, pension consultancy Broadstone has warned that consumers must be protected, “from bad pension decisions driven by good-looking AI answers.”

The Financial Services Compensation Scheme (FSCS) has appointed former FCA acting CEO Tracey McDermott, former building society boss Andrew Craddock, and banker Mark Suthern as non-executive board directors.

Acquisitive Swedish wealth manager Söderberg & Partners has bought Financial Planning solutions provider Benchmark Capital from Schroders for an undisclosed sum.

The FCA's eagerly-awaited review on the impact of AI on financial services, The Mills Review - published today - warns that despite the benefits many consumers are concerned about the risks of AI (artificial intelligence).