Just over one in five (21%) of adults across UK and in 14 other countries around the world were defrauded between 2021 and 2023, according to new research.

The FCA has fined Santander UK Plc (Santander) £107,793,300 for "serious and persistent gaps" in its anti-money laundering (AML) controls.

Advice network The Openwork Partnership has appointed former Santander Asset Management UK commercial director Rob Askham as propositions director.

Fast-growing wealth manager and Financial Planner Kingswood has appointed Hayley Burton as a regional managing director and head of wealth planning.