The FCA has barred a financial adviser indefinitely from carrying out regulated activities after 13 complaints to the Financial Ombudsman Scheme (FOS).

Acquisitive Financial Planning group Perspective Financial Group has acquired Cambridgeshire-based Ramsey Financial for an undisclosed sum.

Investment manager Jupiter has reported £1.9bn of net outflows from retail investors in the first quarter of the year.

M&G’s Financial Planning arm M&G Wealth has added a new range of six model portfolios focused on investing globally and incorporating ESG factors in its investment process.

Hybrid advice start-up Aventur - founded by a former SJP partner and an ex-Fairstone IFA - has acquired South Woodford-based IFA JPSL Financial Services for an undisclosed sum.

The Philips Trust Corporation Limited - which administered 2,400 trusts - has gone into administration.

One in three (33%) advised families share the same financial adviser across multiple households of the same family, according to new research.

A surge in the registration of new and existing trusts with HMRC is expected ahead of the deadline of 1 September.

Revenues increased 80% (year-on-year) to £18.4m at financial advice firm Frenkel Topping for the year ending 31 December 2021.

Acquisitive Financial Planning group Kingswood has appointed David Lawrence as group CEO.