There has been a 142% increase in the number of additional rate tax payers since the tax bands were frozen in 2021, latest HMRC figures reveal.

The Financial Conduct Authority has banned Birmingham-based adviser Paul Steel of Estate Matters Financial Ltd (EMF) from working in financial services. 

M&G Wealth has recruited Abrdn Personal Wealth CEO Caroline Connellan to be its new chief executive.

Expanding Chartered Planner HFMC Wealth has acquired London Chartered Financial Planner Weston-Cummins which has £350m in assets under advice (AUA).

The Financial Conduct Authority has received more than 600 applications to its regulatory sandbox since its launch in 2016.

‘Fitness and propriety’ and ‘compliance’ were the joint top reasons for whistleblowers to complain to the FCA in March.

Coventry-based BRI Wealth Management has hired Laura Ripley FPFS as a Chartered Financial Planner.

The Association of British Insurers has today announced Tim Bailey, UK CEO of Zurich, as its new President, replacing Barry O’Dwyer, group CEO of Royal London, who is stepping down.

The latest FCA product sales data has revealed that fewer retirees are taking regulated advice before switching their pension pot into income drawdown and guaranteed income for life solutions.

Chartered Financial Planner Lumin Wealth has acquired the Big Picture Wealth Management, a financial adviser based in Ongar, Essex.