A Chartered Financial Planner who has lost his brother and one of his longest standing clients to cancer has raised £10,000 by cycling from Venice to Rome.

The Financial Conduct Authority is to order a number of firms to review annuity sales back to 2008 after finding evidence of “concerns” but says its review of non-advised annuity sales found no widespread “systemic” problems.

Many candidates aiming to gain Certified Financial Planner status wrongly believe that a comprehensive cashflow is obligatory in the assessment, the CISI’s head of Financial Planning says.

Sanlam is to begin offering to team up with Financial Planning firms by launching a partner scheme that could lead to buy outs in future.

Certified Financial Planners will have to clearly show the value they provide above robo-advice tools as they become more common, the worldwide body for Financial Planning says.

Transact has revealed this afternoon that it will lower its charges from 1 April.

A Financial Planning business is to be taken over by wealth firm Brown Shipley.

Mike Kellard, the chief executive of Axa Wealth, will depart the firm, it was revealed this morning.

A Financial Conduct Authority conduct risk specialist has left the regulator for a consultancy firm which helps advisers with compliance.

Changes to Standard Life’s platform have been unveiled this morning aimed at making the adviser’s job “that bit more straightforward”.