Lang Cat Live News Today

Good morning and welcome to your Morning Briefing for Friday 9 February 2024. To get this in your inbox every morning click here. New NED for Openwork Financial-advice network The Openwork Partnership has appointed Sara Bennison as independent non-executive director to the board of Openwork Holdings Limited. She

Aviva may look to buy more businesses following its purchase of Succession Wealth today (2 March) for £385m, Kingmakers director Rob Stevenson has said.

Many firms have hidden costs in their pricing models with rampant informational and aggregational asymmetry in the market, said David Ferguson, founder and former chief executive of adviser platform Nucleus, and the incoming CEO of Seccl.

Pensions minister Guy Opperman has warned the pension sector it must “sort itself out” or the government will have to “step in”.

Public find pensions cost and charges 'impossible to comprehend', says Guy Opperman

In the past two or three years, the financial advice profession has started to experience a regression, Lang Cat chief executive Mark Polson has warned.

Consolidation in the adviser platform market has been picking up speed in recent years and greater consolidation seems “inevitable”.