The Personal Finance Society was hit by soaring costs in 2022 as it spent heavily on legal and consultancy fees during its row with parent body the Chartered Insurance Institute.

The Personal Finance Society is planning to publish quarterly reports for members to enable them to better hold the organisation to account, CEO Donald MacIntyre has pledged. 

DB transfer values have fallen by a third since June 2018, according to the latest data from XPS’s Transfer Value Index.

Wealth manager and Financial Planner Evelyn Partners has appointed Andrew Moat as a Financial Planner in its Nottingham office.

The Financial Conduct Authority has ruled out allowing bigger SMEs to make complaints to the Financial Ombudsman Service.

The new chief executive of investment provider Hargreaves Lansdown, Dan Olley, could earn a pay, bonus and share package worth £4.826m in 2024, the company’s 2023 Annual Report reveals.

AJ Bell has promoted Ryan Hughes to be its new investments director to lead its range of multi-assets funds and the managed portfolio service for financial advisers.

Plymouth-based national IFA firm Continuum has reported assets under influence up 22% year on year to £1.86bn.

Clients who purchased investments through Kensington advice firm London Court Limited (FRN 146522) are being targeted by scammers.

Expanding Chartered Financial Planner Progeny has acquired £600 AUM Scottish Chartered Financial Planner firm Carbon Financial Partners for an undisclosed sum.