Pension specialist Cartwright has handed each staff member a one-off cost of living payment of up to £2,000 to help them cope with the current challenging financial times.

the Financial Conduct Authority will establish a new panel to provide advice on cost/benefit analysis in response to calls from regulated firms.

Nearly one in three financial advisers expect client fees to rise as a result of the FCA’s new Consumer Duty - with more directly-authorised Financial Planners concerned than network members.

Schroders’ Benchmark Capital arm is to acquire 32-adviser, £755m AUM Swindon-based Unique Financial Planning.

The Financial Services Compensation Scheme is investigating two failed adviser firms hit with multiple claims over pension transfer advice.

South West-based Chartered Financial Planning firm Goodmans has become the latest Financial Planning firm to move to employee ownership.

The Financial Conduct Authority has avoided potential trouble in identifying firms as it begins to allocate the first seven-digital Firm Reference Numbers (FRNs).

The Financial Conduct Authority has halted business at 627 regulated firms in the past year to prevent consumer harm - 30% more than the previous year, according to its annual report and accounts

Five firms - including platform and investment provider Hargreaves Lansdown - have achieved Corporate Chartered status from the CII in the latest quarter.

The Financial Conduct Authority will make its Digital Sandbox fintech initiative permanent from 1 August and open it up to all firms.