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.

Quilter has introduced three new features to its platform to support potentially vulnerable customers.

Annuity rates increased by 20% in the 12 months to June, according to a new report.