The Financial Ombudsman Service has issued a rare warning about a surge in investment scams over the past year, with half involving cryptocurrency cons.

Chris Hill, CEO of Hargreaves Lansdown, has taken a pay cut as part of the investment and platform provider’s new remuneration policy.

The Personal Finance Society has added accreditation from the Society of Later Life Advisers (SOLLA) as counting towards achieving PFS Fellowship status.

The Chartered Institute for Securities & Investment - the professional body for Certified Financial Planners - has urged the UK’s growing Financial Planning community to throw its weight behind the 2022 Financial Planning Week campaign which takes place in October. 

Financial Planning firm Progeny has appointed Stewart Cape as its new head of corporate development.

In a new development, scammers are using fake letters and phone calls to pose as the Financial Conduct Authority (FCA) to target authorised firms and consumers.

Private equity-backed, Brighton-based Chartered Financial Planning firm Skerritts has acquired Hampshire-based financial adviser PS Financial Advisers as it continues a strategy of acquisitions.

Liz Truss MP has won the race to be Conservative Party leader and, by default, the next Prime Minister.

Newly-launched wealth manager Solomon Capital Holdings has made its second major acquisition in three months with a deal to buy 34-adviser national Financial Planning firm Gale and Phillipson.

Discretionary fund manager 7IM has added an Adventurous Plus model to its Blended Model Portfolio Service (MPS) range.