The Financial Services Compensation Scheme has said that it will pay the exit and administration charge (EAC) that the joint administrators propose to levy on Hartley Pensions Limited (HPL) customers, despite earlier saying that it could not.

The Prudential Regulation Authority (PRA) has fined HSBC £57.42m for failings related to Financial Services Compensation protection for customers.

Acquisitive fintech and adviser support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired financial services event firm Owen James Events for up to £2.3m.

The Financial Conduct Authority cancelled the registration of more than 440 mutual societies last year, most of which had already been wound up.

Wealth manager Finli Group, formerly Solomon Capital Holdings, has acquired Scottish Chartered Financial Planners Clark Gillone for an undisclosed sum.

International investment platform Novia Global has launched its own stocks and shares ISA to help UK expats’ savings avoid being left in what it calls “suspended animation.”

Financial Planner and wealth manager Evelyn Partners has appointed Matt Dickens as Financial Planning director for the South of England. 

Rhiannon Gogh of Bristol-based PlanIt Future Financial Limited has been named by wealth manager St James's Place as its Chartered Planner of the Year 2023.

Life expectancy in local areas of England, Northern Ireland and Wales fell between 2020 and 2022 compared to 2001 to 2003, according to the latest ONS data out today.

Financial planning-led wealth manager Atomos has shaken up its leadership time with four senior appointments.