Hybrid advice providers are failing to ensure financial advisers and Planners understand exactly what hybrid advice solutions deliver and how they can be used, according to a new study.

Expanding wealth manager and Financial Planner MKC Wealth has acquired Wimbledon Chartered Financial Planning firm Holborn Financial for an undisclosed sum.

Liverpool wealth manager Blankstone Sington (FRN 143694) has gone into special administration following a company-requested court order under the Investment Bank Special Administration Regulations 2011.

The Financial Conduct Authority has fined financial data provider Equifax Ltd £11.164m for cyber-security failures which exposed the records of 13.8 consumers.

Emma Hall FPFS, a Chartered Financial Planner at Bristol-based 75point3, has won the prestigious Personal Finance Society (PFS) Chartered Financial Planner of the Year award.

St James's Place, one of the UK’s largest wealth managers, suffered a 21% drop in its share price at one point today after announcing a review of its much-criticised fees and charges.

Financial Planner and wealth manager Quilter has added an 'App Hub' to its platform.

The Capital Gains Tax (CGT) collected from trusts has grown by 27% to £1bn over the past year, according to data released by HMRC this month.

The Financial Services Compensation Scheme has declared Cavendish Incorporated Ltd (FRN: 942176) as in default, opening the door for consumer claims against the firm.

The Financial Conduct Authority has fined former Barclays CEO James Staley £1.8m and banned him from holding a senior management or influence function in the financial services sector.