The Financial Conduct Authority has fined former Barclays CEO James Staley £1.8m and banned him from holding a senior management or influence function in the financial services sector.

Financial Planning-focused wealth manager Brown Shipley has appointed Mark Flynn as its new managing director and head of Scotland.

Schroders Personal Wealth (SPW) has appointed former Barclays executive Rupert Dickinson as an independent non-executive director to its board.

Seven digital advice businesses have joined forces to push the benefits to consumers of digital advice over traditional advice.