Net inflows rose 136% to £3.5bn for the rebranded Quilter Investment Platform in 2021.
Total lending to homeowners over 55 via equity release grew by 24% year-on-year in 2021, according to the Equity Release Council.
A North-East Wales credit union has been declared in default by the Financial Services Compensation Scheme (FSCS).
Wealth manager Brewin Dolphin saw its Financial Planning income rise 25.3% to £11.9m in the first quarter of its financial year ending 31 December.
Acquisitive Financial Planning and wealth management firm Kingswood has acquired South-Yorkshire-based D.J.Cooke (Life & Pensions) in a deal totalling £1.5m.
Asset manager M&G’s wealth management arm has partnered with robo adviser Moneyfarm to launch a direct to consumer digital wealth proposition.
Martin Gilbert’s AssetCo has confirmed that it is to acquire investment manager River & Mercantile Group (RMG).
Tilney Smith & Williamson-owned platform Bestinvest is to “transform” into a hybrid advice service.
Challenger bank Monzo is to launch an investments and wealth business.
Pension transfer activity dropped to its lowest level in four years in December.