Compensation for the victims of the Woodford Equity Income fund collapse is a step nearer after creditors voted in favour this week of a scheme of arrangement.

Succession Wealth has appointed Roger Marsden, managing director, retail UK savings and retirement at Aviva, to become its new CEO.

The Personal Finance Society’s interim chair, Andy Briscoe, has quit the role after only six months.

Adviser directory service Unbiased - which connects consumers with advisers - will move to subscription-based pricing on 2 January after an upgrade to its platform.

A school in Bolton has become one of the first accredited Centres of Excellence for Financial Education thanks to funding from a partnership between wealth manager St James’s Place and Young Enterprise.

Birmingham-based BlueSky Wealth Management Ltd (FRN: 446963) has failed, opening the door to claims against the firm through the Financial Services Compensation Scheme (FSCS).

Platform Transact has axed a number of fees after reporting a rise in funds under direction to a record £55bn.

The Bank of England has kept its base rate at 5.25% for the third month, in line with expectations. 

Close Brothers Asset Management is to acquire Charted Financial Planning firm Bottriell Adams.

The Institute for Fiscal Studies (IFS) has proposed a new ‘four-point pension guarantee’ to replace the current State Pension Triple Lock.