PIMFA, which represents 1,000 wealth managers and financial advisers, has co-launched a new intelligence sharing platform to prevent financial crime.

Wealth manager Freddy David has been jailed today for six years for defrauding 55 victims out of £14.5m in a Ponzi scheme.

A church warden has been cleared of trying to hire a hitman to murder a financial advisor who he partly blamed for a £1m loss.

Fraud Squad detectives and other agencies have launched an appeal to find a convicted boiler room fraudster who skipped court and is still at large.