Peter Kettell IFA (FRN: 209563), an adviser firm based in Sheffield, has been declared in default today by the FSCS, the industry compensation safety net.

I was pleased to see this week that the Chartered Institute for Securities & Investments (CISI) has joined with other professional bodies in urging stronger governance on the ethical threats for financial professionals in using AI (Artificial Intelligence).

HMRC investigators have seized over £1.1m following a raid on a money service business in London.

Financial services firms are missing opportunities to prevent romance scams, according to the FCA.

The FSCS has declared a Scottish adviser firm in default after it appeared that insurance premiums, and potentially investment contributions, were not being passed on to providers.

Former Aviva CEO David Barral, 63, died in a car crash on Tuesday when his Aston Martin DBX SUV hit a tree off the A58 in Wetherby, Yorkshire.

The FCA has launched an investigation into ‘fixed rate return’ bond provider the Moneda Capital Group and is investigating a number of people associated with the business.

The Chartered Institute for Securities & Investments (CISI) has joined other professional bodies in calling for stronger governance on the ethical threats for financial professionals using AI (Artificial Intelligence).

Funds under direction for adviser platform Transact rose 16% over the past year to a new record high of £74.2bn as at 30 September (30 September 2024: £64.1bn).

Two thirds of financial advisers (64%) expect a rise in Corporation Tax in the Budget on 26 November, according to new research.