The Financial Services Compensation Scheme has declared 11 firms in default in April and May, including several Financial Planning and advisory firms and a number of credit unions.

Former Mattioli director Mark Smith has been appointed CEO at pensions and SIPP fintech Gaudi.

Millions of mortgage holders expect to still be paying off mortgages at age 65 and some will dip into pensions to do so, according to new research.

Three directors behind a failed £14.8 million hotel room investment scheme have been disqualified from running companies for a total of 25 years.

The Financial Ombudsman Service has hired mobile phone customer service executive Abby Thomas to be its new CEO and Chief Ombudsman.

Barnett Waddingham, the pensions and professional services consultancy, has appointed seven new equity partners to bring its total number of partners to 93.

The first quarter of 2022 saw a significant shift in investment company buys by advisers with commodities soaring in popularity as markets around the world were rocked.

Wealth management trade body PIMFA has welcomed news that the FCA will ban regulated firms ‘phoenixing’ into Claims Management Companies from 7 July.

The Personal Finance Society has published new guidance for Financial Planners on how to engage with clients approaching later life and how to discuss care options in good time. 

More than half (53%) of High Net Worth individuals say they have been victims of a financial scam - a 10% rise in just six months.