Chancellor Jeremy Hunt has today announced what he’s called the ‘Edinburgh Reforms’ - major plans to shake up financial services to improve competition and growth post-Brexit.

New rules under consideration by the FCA will put Pensions Dashboard providers in a “prime position in the dash for DC cash”, according to former pensions minister Steve Webb.

The Pensions Regulator and the Financial Conduct Authority have issued a joint statement urging the pensions industry to look "beyond narrow compliance" and consider consumer outcomes.

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

Three directors - two of them IFAs - have been fined and disqualified as directors over a £44m SIPP mis-selling scheme.

Only 26% of women say they could cope in retirement if they lost a share of their partner’s pension due, for example, to divorce, according to new research.

SIPP industry veteran John Moret has warned the sector that it must grasp the potential impact for SIPP providers of the new Consumer Duty requirements.

The Financial Conduct Authority has fined BGC Brokers LP, GFI Brokers Limited and GFI Securities Limited (together, BGC/GFI) £4,775,200 for failing to ensure they had appropriate systems and controls in place to effectively detect market abuse.

Fast-expanding Nottingham-based Financial Planner Wren Sterling has acquired north east-based advisers Morfitt & Turnbull (Management Services), which has around £270m of client assets.

Platform and wealth manager Hargreaves Lansdown has appointed Dunnhumby boss Dan Olley as its new chief executive officer and executive director, subject to regulatory approval.