Platform One has agreed to acquire fintech Gaudi and takeover the over £1bn of SIPP assets currently administered by the firm.

The Financial Services Compensation Scheme has begun an investigation into Chester-based pension adviser Arrow Financial Services UK Ltd, trading as Arrow Asset Management (FRN 528826).

Vanguard has reached a milestone of 500,000 clients - including SIPP customers - on its UK Personal Investor (UKPI) platform just under six years after it was launched.

Platform and SIPP provider AJ Bell has appointed former Hargreaves Lansdown director Fiona Clutterbuck as its new chair to replace outgoing chair Baroness Helena Morrissey.

SIPP provider and wealth manager Mattioli Woods has acquired Northern Ireland Financial Planner and SSAS adviser Doherty Pension & Investment Consultancy for £15.048m.

Barnett Waddingham’s SIPP business board has appointed SIPP market expert Mark Smith as an independent non-executive director.