The Financial Conduct Authority has warned fund managers to improve their value assessments to ensure they deliver fair value for retail consumers.

National IFA, pensions and employee benefits consultancy firm LEBC has entered into administration after selling its assets to sister company Aspira Corporate Solutions.

Almost half (46%) of Financial Planners have had clients withdrawing funds from their investments to cover essentials bills and address income shortfalls due to the cost of living crisis, according to a new report.

Only one in three financial advisers have discussed intergenerational wealth plans with their main client’s children, according to a new report.

The Consumer Duty Alliance has appointed former FCA technical specialist Michael Lawrence as chair of its Consumer Duty forum.

World Financial Planning Day 2023 is to be held in October with the aim of promoting financial literacy and capability as well as the role Financial Planners can play in educating the public.

The latest data from the Financial Conduct Authority shows the regulator hit half of its authorisations operating service metric between April and June.

In this guest column, Amyr Rocha Lima, chair of the CISI’s Financial Planning forum, looks at a different approach to flexible retirement income. This column first appeared in the July-August issue of Financial Planning Today magazine.

The latest direct platform data shows that the investment platform market is ripe for consolidation, according to Fundscape.

The FSCS has declared Hastings & Rother Credit Union Limited (trading as 1066 Community Bank) in default.