National IFA network Tenet has acquired Preston-based Financial Planner and wealth manager Elementum for an undisclosed sum. 

Tenet’s wholly-owned appointed rep Aspire Financial Management has acquired the client bank of Furness Financial Advisers, the financial advice business of Furness Building Society.

Financial adviser network Tenet has announced what it said it believes to be the first Paraplanner apprenticeship in the country to launch since a government-backed scheme was introduced.

A product levy should pay for the costs of running the Financial Services Compensation Scheme, an adviser support company says. Read more...