António Horta-Osório, group CEO and director of the Lloyds Banking Group, will step down in April after being proposed for election as the chairman of the board of Credit Suisse.

UK investors prioritised diversification as global equity and global bonds became the two top best-selling sectors in October 2020, according to the latest figures from the Investment Association.

New Model Business Academy, the adviser academy run by SimplyBiz, has been criticised by education inspector Ofsted for a second year after it was found to be “making insufficient progress” from its previous inspection.

Total customers for investment platform AJ Bell increased by 27% to 295,305 over the course of its financial year ending 30 September.

Aberdeen Standard Investments (ASI) has launched a new sustainable fund of funds range under its ‘MyFolio’ brand.

The owners of major UK adviser platforms Transact and James Hay have tabled cash offers for competitor Nucleus.

Investment manager and SIPP provider Redmayne Bentley is celebrating its 145-year anniversary by funding the training and support of 145 Samaritans volunteers for a year.

Wealth manager Quilter is to accept five more digital signature software providers for use by UK financial advisers.

The European Exchange Traded Fund sector is on track to suffer the highest number of closures in its history in 2020.

Wealth manager and Financial Planner Kingswood has recruited Schroders Personal Wealth’s chief commercial officer David Lawrence to be its new UK chief executive for wealth management.