The Bank of England has maintained interest rates at 0.75%.

National Financial Planning group Perspective has hired Kevin Homfray as acquisitions director.

IFA firm Chase de Vere has expanded its personal injury team in Yorkshire.

STM Group raked in £2.7m in profits from its acquisition of Carey Pensions earlier this year in what it classed as a bargain purchase.

Wealth planning firm Brown Shipley has revealed it is to acquire NW Brown & Co Limited, a wealth manager based in Cambridge with an additional office in Norwich. 

Private bank Nedbank has appointed a new head of wealth planning.

Invesco has revealed that it plans to launch the UK’s first Model Portfolio Service to utilise Intelliflo’s integrated Model Portfolio technology. 

Royal London has hired experienced industry executive Barry O’Dwyer to be its new group chief executive from September.

The FCA has confirmed that it has begun an investigation into events leading up to the suspension of the Woodford Equity Income Fund (WEIF).

A panel of experts discussed client capacity for loss at the CISI Paraplanner Conference this afternoon.