Wealth manager Brooks Macdonald has launched a new Financial Planning brand known as Brooks Financial.

Financial Planner and wealth manager Evelyn Partners has completed the sale of its fund solutions business to collective investment scheme manager Thesis for an undisclosed amount.

Aviva-owned Financial Planning-focused Succession Wealth has completed the integration of Leeds-based Financial Planning and wealth manager True Wealth Group.

Expanding Financial Planner and wealth manager Fairstone is to appoint a new, as yet unnamed, chief executive to replace founder Lee Hartley.

Aegon Asset Management has launched the UK-domiciled Aegon Global Income Fund, which it said was designed to deliver a premium yield and long-term capital growth.

The HNW-focused investment manager Wealth Club said the amount invested across its platform has climbed 17% to £1.644bn.

Scottish wealth manager and Financial Planner Aberdein Considine has split off its wealth division into a separate business as part of plans to create one of Scotland’s largest Financial Planning firms.

The FCA has revoked the authorisations of Glasgow-based claims management firm Compensate Yourself (FRN 837719) after its sole director was convicted of a criminal offence.

Lifetime ISAs may be diverting people away from more suitable products and putting part of their savings at risk, MPs have warned.

FCA plans announced today to allow firms to offer ‘targeted support’ have been widely welcomed across the financial services sector.