The 498-member Basildon Credit Union Limited (FRN: 213229) has gone into administration and been declared in default by the Financial Services Compensation Scheme (FSCS).

More than half (53%) of UK savers would prefer their pension money invested in the UK, according to consumer research from the Pensions and Lifetime Savings Association.

The Financial Conduct Authority has provisionally fined Crispin Odey of Odey Asset Management LLP (OAM) £1.8m and provisionally banned him from the financial services industry for a lack of integrity. 

The Chartered Institute for Securities & Investment (CISI) has appointed Certified Financial Planner Oliver Bourke as the new chair of its Accredited Financial Planning Firm steering committee.

Retirement provider Standard Life, part of Phoenix Group, has reported a business boost from the growing popularity of annuities.

Private equity firm HSQ has injected a further £4.8m to support its troubled Financial Planning business Kingswood which warned recently that it may run out of money to service its £91m debt pile.

The soon-to-be-published VouchedFor’s 2025 Guide to Top Rated Financial Advisers will feature a record 2,633 advisers and 131 firms.

FCA staff will receive a pay rise averaging 3.6% from April.

Wealth manager and Financial Planner Evelyn Partners has signed a three-year partnership to support Chichester-based modern art museum the Pallant House Gallery.

Over a quarter (23%) of Generation Z adults would turn to a financial adviser in comparison with just 6% of Millennials, according to a new survey.