Pensions and SIPP provider @SIPP has hired Matt Storey from XPS as its new head of business development.

Nearly six in 10 people (59%) in the Black community fear running out of money in retirement, a new survey has found.

The FCA has fined Barclays plc and Barclays Banks a provisional £50m over dealings with Qatari investors.

Financial advisers and industry experts have expressed concern about the ‘stealth tax’ threat from Inheritance Tax after receipts grew to £3.5bn for the latest six month period, up £400m year on year.

The Financial Services Compensation has declared an East Midlands financial adviser with several trading names as failed, opening the door to clients claiming compensation.

North London-based Engage Financial Services has made its first acquisition with a deal to buy lifestyle Financial Planning firm Kench & Co Financial Services from its parent accountancy firm.

Two former pension trustees are to face trial at Crown Court accused of arranging £700,000 in illegal loans and investments.

A major new consumer survey from the Financial Conduct Authority has revealed that 7.8m people are finding it hard to keep up with their bills - up 2.5m since 2020. 

Prime minister Liz Truss resigned at lunchtime today.

Growing wealth manager Advanta is to acquire £150m AUM Genesis Financial Planning, its first acquisition in London and one of seven acquisitions planned this year.