Man GLG, Man Group’s discretionary investment management business has bought Sanlam’s Strategic Bond business to Man GLG for an undisclosed fee.

Fears that the Pensions Dashboard plans have been shelved by the Government were allayed after Secretary of State for Work and Pensions, Esther McVey, appeared this week to back the scheme.

AFH, the Midlands-based Financial Planning-led wealth manager, has bought Bedfordshire IFA firm Ashton House for £2.6m.

In a case brought by the Financial Conduct Authority (FCA), five individuals have been sentenced to a total of 17 and a half years’ imprisonment for their roles in a share fraud carried out through a series of boiler room companies, which led to the loss of more than £2.8m of investors’ money.

The Chartered Insurance Institute (CII) has confirmed plans to relocate its City headquarters later this month.

Quilter has today confirmed the rebrand of its national Financial Planning business, Old Mutual Wealth, to Quilter Private Client Advisers.

International and domestic would-be buyers are in the running to acquire wealth platform True Potential in what could be a £2bn sale.

Mattioli Woods, the wealth management and SIPP provider, has reported full year revenue up 16.2% to £58.7m with pre-tax profit rising by 27.3% to £9.8m compared to 2017.

Adviser network Openwork has reported record profits and a sixth consecutive year of profit growth and added 400 new advisers.

AFH chief executive Alan Hudson has spoken exclusively to Financial Planning Today about his career, his company’s acquisition strategy and the Financial Planning profession.