Manchester-based claims management company Match Me Legal (FRN 838981) has had its authorisation revoked by the FCA after it failed to pay the regulator’s fees and levies.

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Investment manager and Financial Planning group Abrdn has reported net inflows of £800m for the first half of the year, a major turnaround from £5.2bn of net outflows posted in the first six months of 2023.

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Hargreaves Lansdown has given a private equity consortium four more days to firm up its £5.4bn offer for the company after already extending the deadline twice.

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The Financial Conduct Authority has secured an order of £4m against an unauthorised mortgage broker and its associates who it described as "sham brokers" who exploited vulnerable consumers.

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Quilter Financial Planning, the restricted financial advice network of Quilter plc, has added four new appointed representative firms to its advice network.

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High net worth individuals (HNWIs) in the UK significantly underestimate how much money they need for the retirement they want, with the average respondent misjudging by around half.

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New figures from HMRC have revealed that pensions lifetime allowance (LTA) penalty charges added a record £516m to the Treasury’s coffers in 2022-23, the last full year before it was abolished in April this year.

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The FCA is to expand its £1.35bn Dormant Assets Scheme (DAS) to include unclaimed client money and investment assets.

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The FCA has agreed to correct an error on its Register of authorised individuals after a complaint was upheld by the Complaints Commissioner.

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Over four in five retired annuity holders who would likely qualify for an enhanced annuity do not currently have one, according to new research.

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