Two linked companies that claimed to be able to help investment clients recover funds lost when investing in alternative investments have been ordered into liquidation by the High Court.

The SIPP providers body AMPS (Association of Member-Directed Pension Schemes) has urged members to learn lessons from the implications of the recent Berkeley Burke SIPP court ruling but says the case is “no game changer.”

Over four in five (82%) parents and relatives who invest in Junior ISAs have been using them to invest for children and young relatives since they were under five - but 80% will wait until their recipients are over 16 before telling them, missing an opportunity to help young people learn more about personal finance, says a provider.

Wealth manager Quilter's corporate finance director Mark Satchel will step up to become chief financial officer from March following the departure of current CFO Tim Tookey, who will step down at the same time.

The property fund run by AFH Financial Group has topped £110m - double what it was a year ago.

The FCA has written to SIPP firms to reiterate regulatory commitments following the judgement in the Berkeley Burke case.

Robo-advice firm Nutmeg is piloting a full financial advice service.

The Financial Conduct Authority has confirmed details of its probe into ‘fair pricing’ in financial services alongside a market study into how general insurance firms charge customers.

Experts breathed a sigh of relief as Philip Hammond’s Budget yesterday avoided a tax raid on pensions.

Fiducia Wealth Management has appointed a Chartered Financial Planner as a new company director.