Investment manager IPS Capital LLP has merged with a close neighbour - wealth manager and Financial Planner Prospect Wealth Management.

CPI inflation unexpectedly jumped from 1.3% in December to 1.8% in January, ONS reported today.

Fund manager Franklin Templeton is to acquire rival Legg Mason in a deal which will create a global business managing £1.15 trillion in assets.

The Chartered Institute for Securities & Investment says two new firms, including one run by Financial Planning Today columnist Nicola Watts, have become CISI Accredited Firms, an elite level of membership.

Fund manager and platform Vanguard has unveiled its own SIPP product, the Vanguard Personal Pension.

Bristol-based SIPP and SSAS pensions and financial services firm Hartley Pensions has bought another closed or failed SIPP firm, this time snapping up Guinness Mahon Trust Corporation (GMTC).

The new Chancellor Rishi Sunak has confirmed that the Budget will take place on 11 March, ending speculation it would be pushed back to give him more time.

Investec Asset Management is to float on the London and Johannesburg Stock Exchanges in March with staff set to own 20% of shares.

The FCA has warned that ‘high risk’ investment products are exposing consumers to “more risk than they can absorb.”

Old Mutual International has been rebranded as Quilter International as the Quilter rebranding strategy moves closer to conclusion.