Private equity firm Preservation Capital Partners has today acquired the Parmenion platform from owners Standard Life Aberdeen for "up to £102m."

Private equity-owned platform James Hay has sold its closed book of SSAS schemes to Westbridge SSAS.

After combining its Financial Planning businesses with platform Ascentric and the M&G funds business into M&G Wealth, the firm now has £28bn in assets across the division.

Over 40% of Britons have three or more pension pots including their state pension.

Standard Life Aberdeen continues to look for a buyer for its Parmenion platform, according to its financial results released this morning.

Integrafin, the parent company of adviser platform Transact, has faced significant shareholder opposition at its AGM to three board reappointments, including chairman Richard Cranfield and founder Michael Howard.

The average woman in her 20s would have to work 37 extra years to retire on the same pension as a man of the same age and the Coronavirus pandemic has made the situation worse, according to new research.

A new survey has revealed that women over 50 are one and a half times more likely to have suffered mental health problems than men since the start of the pandemic and are more likely to have money worries about the future.

Openwork Partnership, the adviser network with 4,200 financial advisers, has tied up a deal with Co-op Legal Services to offer legal services to clients. 

Flat fee investment platform Interactive Investor (ii) is to acquire acquire the direct-to-consumer retail customer book of rival EQi for up to £48.5m.