The FCA has made significant changes to the rules on Packaged Retail and Insurance-based Investment Products (PRIIPs) in one of its first major moves away from EU regulation.

Investment company purchases by advisers via platforms hit a record £1,298m in 2021, an increase of 23% on 2020.

The Initiative for Financial Wellbeing (IFW) is to return to an in-person, one-day annual conference for Financial Planners to be held in Bristol on 25 May.

Kreston Reeves Financial Planning, part of the Craven Street Wealth group, has acquired Canterbury Financial Planner Tarvos Wealth, boosting its total assets under advice to £1.15bn.

Fintech Defaqto has added fund analysis tools to its Financial Planning tool Defaqto Engage to help them with due diligence.

NS&I has held its Premium Bond prize rate at 1% despite rate rises on its Income Bonds and Direct Saver products.

Canada Life has launched a new mobile-friendly portal for financial advisers.

The Spring Statement ignores the needs of the elderly and will lead to a rise in pensioner poverty, according to Baroness Ros Altmann.

Janus Henderson has appointed former AllianceBernstein CFO Ali Dibadj as its new CEO.

Quilter plc chairman Glyn Jones is to step down at the company’s Annual General Meeting in May to pursue other interests.