The Financial Services Compensation Scheme has declared 12 firms in default, including several Financial Planners and wealth managers.

Wealth manager and SIPP provider Mattioli Woods has reported a 95.9% rise in adjusted pre-tax profit to £14.1m for the six months ended 30 November

Wealth manager and SIPP provider Mattioli Woods has faced delays to the appointment of David Kiddie as its new chairman.

A third of Financial Planners have reported an increase in demand for pension consolidation advice over the past year, according to a new report.