People in poor health have poor finances too, with just one in 20 having high levels of financial resilience compared to a third of people in good health.

The CISI Future Foundation, a body set up by the CISI to improve financial literacy, has been granted charitable status and can begin considering grant applications.

The Treasury has appointed experienced financial services executive Sophie Hutcherson to the FCA board and reappointed Bernadette Conroy for a second term.

The Prudential Regulation Authority has fined former TSB Bank plc chief information officer Carlos Abarca £81,629 for his part in IT failings which hit 5.2m TSB customers. 

Investment, protection and retirement provider LV= is to replace Columbia Threadneedle Investments with BlackRock as its primary asset manager.

The UK economy saw zero growth in February following a surprise 0.4% jump in GDP growth in January, according to the latest figures from the Office for National Statistics (ONS).

Wealth manager St James’s Place (SJP) has appointed Justin Onuekwusi as its chief investment officer.

Wealth manager and Financial Planner Brooks Macdonald has reported an eighth successive quarter of positive net flows for the quarter ended 31 March.

The Chancellor has appointed Dax Harkins as the new chief executive of Government-backed savings provider NS&I.

A legal challenge against the Financial Conduct Authority’s decision to set up a redress scheme for former British Steel Pension Scheme (BSPS) members has been scrapped.