The Financial Services Compensation Scheme has opened its doors to claims from victims of a failed advice firm which dealt with British Steel workers.

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Chartered Financial Planning firm Fairstone has launched a digital “no-contact” remote advice for advisory firms.

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Adviser platform AJ Bell Investcentre is to give financial advisers access to third party Managed Portfolio Services (MPS) from external Discretionary Fund Managers via its platform for the first time.

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IFA firm Wren Sterling has agreed to purchase Frobisher Capital Ltd, an independent advisory firm based in Woking.

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The Financial Conduct Authority has urged firms which have begun holding increased client money balances during the Coronavirus pandemic to consider returning the money to clients.

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Dynamic Planner has expanded its risk profiling service to include investment trusts.

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Defaqto has added ESG reviews to its Financial Planning software Defaqto Engage.

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NatWest is bringing all its wealth businesses under the management of the CEO of private banking Peter Flavel in order to drive a growth in assets under management.

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STM Group has acquired Berkeley Burke (Financial Services) and Berkeley Burke Employee Benefit Consultants, which provide administration and consultancy services to SSAS and international businesses, in a deal worth up to £2.9m.

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North-east based wealth manager Seven Bridges has acquired pension and investments firm Pension Matters, and has said it is looking for for further acquisitions.

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