Sanlam is to sell its UK Financial Planning and wealth management businesses but will retain its UK asset management arm.

Wealth manager Tilney Smith & Williamson has poached investment manager Rayhan Ghandi from Charles Stanley as part of the firm’s continued expansion in Surrey.

Over 20,000 consumers used equity release to access property wealth between April and June, close to pre-pandemic activity levels.

Investors in the former Woodford Equity Income Fund will receive a fifth capital distribution payout in November, with a total of £2.54bn having been distributed to investors so far since the fund began winding up.

The majority of Financial Planners expect some degree of remote working to continue over the next 12 months, according to our annual survey.

Over two thirds (68%) of Financial Planners have resumed fact to face meetings with clients, according to a new survey.

Assets under management for fund manager Jupiter Fund Management hit a record £60.3m, despite an increase in net outflows to £2.3bn (H1 2020: £2bn outflows).

Plymouth-based Financial Planning firm Continuum has reported a 56% growth in gross profits (year on year) for the first half of 2021.

The Queen has approved a recommendation by the Privy Council that the CISI can use the designation Chartered Fellow (Financial Planning) for all members that have gained its Certified Financial Planner accreditation.

Private equity firm EQT Fund Management has made a second approach towards an acquisition deal with Australian fintech Iress.