Financial Planning firms have yet to see much impact from Russia's invasion of Ukraine, but have taken steps to reassure clients, according to leading Financial Planners.

JP Morgan and Liontrust have suspended funds exposed to Russia following the invasion of Ukraine.

The Financial Services Compensation Scheme (FSCS) has warned consumers to steer clear of a Russian website claiming to represent the FSCS and asking people to register a claim.

The Financial Conduct Authority has today fined Deutsche Bank AG £163,076,224 for failing to maintain an “adequate anti-money laundering (AML) control framework” on movements of billions of dollars of money and investments from Russia.