The Financial Services Compensation Scheme has declared Scottish-based Financial Planning firm EQ Financial Planning Limited in default.

The Financial Conduct Authority said today that its expects more than 1,000 British Steel Pension Scheme (BSPS) members hit by poor pension transfer advice to start receiving redress calculations in 2023.

The first two participants have joined a new adviser academy being launched by a hybrid legal and Financial Planning firm.

Two former trustees of a company pension scheme have been given suspended sentences for making illegal loans of £236,000.

SIPP and SSAS provider Curtis Banks confirmed today that it was in “advanced discussions” about a possible offer being made for the business by platform provider Nucleus.

The FCA has taken the rare step of issuing a warning about communications from a troubled firm, SIPP and SSAS provider Hartley Pensions.

The prospect of personalised financial guidance has moved a step closer after Harriet Baldwin MP, chair of the influential Treasury Committee, has tabled a motion in the Commons to allow the controversial move.

The independent investment research and fund rating firm RSMR has presented its annual fund manager awards this week – recognising some of the top funds and fund firms in the UK.

Wealth manager and Financial Planner Atomos has struck a deal with SS&C Hubwise to provide a new platform-style service to the wealth market called ‘Atomos invest.’

Women investors are more likely than men to hold their nerve during financial turmoil but are less likely than men to invest overall, according to a new study.