Two fraudsters involved in a £17.9m scam which saw the FCA Register cheated to convince investors they were legitimate have been sentenced to a combined eight years in prison. 

National IFA firm Chase de Vere has reported positive financial results for the year ending December 2022 with turnover and profit up despite a challenging economic environment.

The FCA has written to investment platforms and SIPP providers to ask them to disclose how much of the interest they receive from cash and bank deposits they pass on to their customers. 

XPS Pensions Group is to sell its Master Trust pensions business XPS Pensions (Nexus) Limited to major Master Trust firm SEI for up to £42.5m.

The Complaints Commissioner has reported a 20% rise in complaints about FCA's decisions on disputes in its annual report for the year ended in March.

The Financial Conduct Authority has outlined plans to regulate financial firms which use AI (artificial intelligence) and financial technology companies.

Close to two thirds (61%) of Financial Planners believe pension and retail investment products will see a boost from the FCA’s new Consumer Duty.

Leeds-based Traditum Private Equity has launched a family office service.

Wealth manager and Financial Planner Brooks Macdonald has reported a dip in net flows to £0.1bn for the company's fourth quarter ended 30 June.

The UK economy contracted by 0.1% in May, according to the latest GDP figures released today.