The FCA has commenced civil proceeding in the High Court against Paul Steel for providing unsuitable defined benefit pension transfer advice.

Openwork’s Mike Morrow and Investec’s Ciaran Whelan have joined the board of wealth manager trade body PIMFA.

Martin Brown, managing partner of national IFA and Financial Planning firm Continuum (Financial Services) LLP, has spoken exclusively to Financial Planning Today about opportunities this year, the challenges of business growth in a pandemic, and how he spends his spare time working as 'Bob the Builder'.

National advice firm Foster Denovo has added a passive managed range of five portfolios to its Sustainable Dynamic Portfolios.

Financial adviser network and wealth manager Tavistock has reported a reduction in new advisory business levels, influenced by its advisers’ ability to meet with clients during the Coronavirus pandemic.