The number of approved persons given the green light to work at appointed rep firms within three months of application has significantly improved in the latest quarter.

The Financial Services Compensation scheme has declared Macclesfield-based financial adviser Chestergate Financial Services Ltd (FRN: 459990) in default.

IFA directory Unbiased has seen a 48% surge over the past year in the number of advisers using its service to seek clients with assets of at least £500,000 to invest.

The FCA has instigated fraud proceedings against three people - Kristofer McGuire, Keith Williamson and Karla Walker - for their alleged involvement in an £8m high-risk trading scheme targeting pension savers. 

The ABI has welcomed the FCA’s plans to clarify the scope of their activity for firms interested in operating a Pensions Dashboard service.

Chartered Financial Planning firm Attivo has appointed Mark Knowlton as chief technology officer and Charlotte Watson as chief investment officer.

Investors are continuing to pile into index tracker funds, with technology funds also popular despite some of the largest tech companies encountering a difficult start to 2024, according to fund manager Fidelity International.

The aggregate surplus of DB pension schemes increased from £455.5bn at the end of March to £458.3bn at the end of April, according to the latest Pension Protection Fund (PPF) 7800 Index.

The Personal Finance Society Personal Finance Awards 2024/25 are now open for entry, include prestigious awards for Chartered Financial Planner of the Year and Chartered Financial Planning Firm of the Year.

Verve Foundation, the not-for-profit organisation looking to bring new blood into the profession and help advisers to grow, has launched a new cohort of students starting their journey towards gaining their diploma in regulated Financial Planning.