The FCA is to improve its handling of regulatory returns after the Complaints Commissioner upheld a complaint against the watchdog.

The Serious Fraud Office has today secured the conviction today of ex-IFA and investment manager David Kennedy for his role in a £100m investment fraud in which hundreds lost part of their life savings.

Pensions firm Punter Southall has launched Pension Potential, an app-based digital retirement planning tool for businesses and employees, as well as pension schemes and their members.

The Pensions Regulator plans to change its guidance on decumulation and says it also wants to see fewer but larger DC pension schemes to provide the best outcomes for pension savers.

The Equity Release Council, the trade body for equity release providers, has urged advisers to check their responsibilities under the next phase of the FCA’s Consumer Duty which takes effect from 31 July.

Investment manager Janus Henderson has acquired two firms, including the private investments arm of National Bank of Kuwait (NBK).

Eight more adviser firms have joined the AdviserAction group, a campaigning membership organisation launched last year to help the adviser sector engage better with listed companies on sustainability issues.

Training provider Compliance and Training Solutions (CATS) is to launch its first conference for Paraplanners.

Social media ‘finfluencers’ who provide sometimes suspect advice online are losing influence as retail investors increasingly turn to professional financial advisers, according to a survey.

California-based fintech Marygold & Co has acquired its second UK Financial Planning firm ahead of a bigger push into the UK savings and advice market.