Financial Planning and wealth management group AFH Financial said it would resume its hunt for acquisitions as revenues rose 4% to £77.1m for the year ending 31 October.

Funds under direction (FUD) at platform Transact totalled £44.82bn at the end of December, an increase of 9.1% over the previous quarter as gross inflows rose.

The Personal Finance Society has been a key mover behind the launch of an independent Financial Vulnerability Taskforce aimed at supporting planners and advisers to spot and tackle consumer vulnerability.

The FCA halted 343 applications for authorisation from firms and individuals in 2020 in a clampdown to protect consumers.

The FCA has launched a Defined Benefit Advice Assessment Tool to help advisory firms understand how the regulator checks the suitability of Defined Benefit pension transfer advice.

Wealth manager and Financial Planner Kingswood has launched the Kingswood Academy to help train its next generation of Financial Planners.

Workplace fintech Cushon has launched what it claims is the first ‘net zero’ pension. 

The Supreme Court has mostly accepted an FCA appeal which opens the door to Covid-19 business interruption (BI) insurance payouts.

Financial Planning app provider Multiply has launched a new facility allowing customers to act on investment recommendations they receive within the app.

UK pension savers paid 11% less into workplace defined contribution pension schemes as the Coronavirus pandemic hit the UK, according to new data from the Office for National Statistics (ONS).