Arbuthnot Latham, the wealth management and Financial Planning arm of the Arbuthnot Banking Group, has boosted profits by 24%.

Yorkshire-based wealth manager Leodis Wealth has recruited an ex-HSBC client manager as an associate director to help drive the launch of its new Financial Planning operation.

The Pensions Regulator says it will target advisers after uncovering evidence that some are helping employers change identity to avoid their auto-enrolment obligations.

The Financial Services Compensation Scheme has opened the door to compensation claims from consumers after declaring 11 failed firms, including several adviser and wealth manager businesses, in default in June.

The Consumer Prices Index (CPI) 12-month rate was 2% in June 2019, unchanged from May 2019.

Digital financial adviser Wealth Wizards has recruited Peter Coleman, former Financial Planning and strategy director for Prudential’s advice division, as chief commercial officer. 

Winchester-based Financial Planning firm Collingbourne has become the latest Financial Planning business to achieve CISI Accredited Financial Planning Firm status.

A major investor survey has revealed that many are prepared to pay a premium for active fund management but also want professional advice to help them make the most of their portfolios.

The FCA is to launch a new platform to replace Gabriel, it’s main tool for collecting data from financial adviser firms.

Moneyinfo, a client portal provider for advisers, has launched a new tool for DFMs and wealth managers to help them to meet the MIFID reporting obligations, recently identified by advisers as their biggest headache.