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Limited support for Govt’s ISA reforms among wealth managers – PIMFA

By Michael Griffiths

30/04/2026

Wealth management and financial advice firms are doubtful over the impact of the Government’s ISA reforms, a new study by the Personal Investment Management & Financial Advice Association (PIMFA) has indicated.

Data from the second iteration of PIMFA’s Regulatory Insights Tracker suggested that the decision to cut the Cash ISA allowance remains a key source of contention

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Shackleton Advisers acquires Hurst Point Group

Shackleton Advisers has agreed a deal for an undisclosed amount to acquire the Hurst Point Group

AJ Bell extends agreement with GBST

AJ Bell and GBST have announced a new 10-year deal to extend their longstanding technology partnership

Alltrust acquires Phoenix Wealth Family Suntrust schemes

Alltrust Services Limited has agreed to acquire the Phoenix Wealth Family Suntrust schemes, a move that would make it the only UK self‑invested personal pension (SIPP) provider accepting new business into a family pension trust structure once completed

Investors braced for lower returns, study shows

Investors are braced for more modest returns over the next five years following a strong run for markets in recent years, according to new research from Scottish Friendly