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The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.

Platform engine provider FNZ has today sold off its acquired rival GBST to a private equity firm after the Competition and Markets Authority (CMA) blocked FNZ’s acquisition of GBST.

Platform and SIPP provider AJ Bell has revealed the top 20 most popular funds and investment companies with advisers using its Investcentre platform.

Retirement provider XPS Pension Group says its Pension Transfer Value Index climbed to a new high of £270,000 at the end of November due to forecasts of increased inflation and a dip in gilt yields.

Adviser platform Transact has reported a record £7.7bn of gross inflows for the year ending 30 September.

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