Wealth management and Financial Planning giant Quilter has launched a new online tool for reporting suspected impersonation scams.

7IM has become the latest platform to announce the removal of VAT charges from its Managed Portfolio Service (MPS).

Statutory unaudited operating losses fell 47% to £3.6m (2019: £6.9m loss) at the Succession Wealth Financial Planning and wealth management group for the year ended 31 December 2020.

Chartered Financial Planning firm Fairstone has acquired Berkshire-based Hammett and Petch Financial Planning under its downstream buyout acquisition model.

Total group funds under management at wealth manager and Financial Planner Brooks Macdonald increased 13.6% to £15.5bn in its second quarter ending 31 December 2020.

FCA regulated stockbroker and investment platform app Freetrade has launched a SIPP, administered by Gaudi.

Murphy Wealth, a Financial Life Planning firm based in Glasgow, has promoted John Moran as its new executive chair and Neil Bage to the new role of chief behavioural officer.

Fund platform and investment manager Fidelity has launched a new restricted advice wealth management service called Fidelity Wealth Management.

Adviser network Openwork has seen the first 19 graduates join its newly-launched Graduate Wealth Pathway Scheme this week.

Smith & Williamson Investment Management’s Managed Portfolio Service has added BlackRock’s Gold and General fund in anticipation of resurgent inflation over the next few years.