The Chartered Body Alliance - the professional body group backed by the CII and CISI - has urged the FCA to beef up its plans for a directory of individuals to make it easier for consumers to find advisers committed to high professional standards.

A rapidly growing Cardiff-based Chartered Financial Planning firm has revealed plans to more than double its staff from 36 to 76 over the next two years as it gears up for further growth. 

The FCA today published two consultation papers, setting out its proposals in the event the UK leaves the European Union on 29 March next year without an implementation period. 

Financial services providers have pledged to provide more support to victims of financial abuse with the introduction of a voluntary Code of Practice.

The Financial Services Compensation Scheme (FSCS) has declared a London-based credit union in default and has pledged to protect more than 1,100 members.

FCA chief executive Andrew Bailey has paid tribute following the death of former FCA colleague Linda Woodall, the regulator’s ex-director of life insurance and financial advice who had a long career in regulation.

Aviva plc chief executive Mark Wilson is to step down from the company straightaway after just under six years with the business.

St James’s Place chair Sarah Bates has retired as chair and a director of the wealth manager, making way for former Yorkshire Building Society chief executive Iain Cornish to become the new chair.

National IFA network Tenet has acquired Preston-based Financial Planner and wealth manager Elementum for an undisclosed sum. 

STM, owner of UK SIPP provider London & Colonial, is to acquire the majority of rival SIPP firm Carey Pensions for £400,000 as Carey prepares to tackle a major court case.