Some 54 FCA-regulated firms amended or withdrew 1,507 financial promotions or advertising between 1 April and 30 June following intervention by the regulator.
June saw a net outflow of £986m for retail funds, according to latest figures from the Investment Association.
Chartered Financial Planner Progeny has acquired Nottingham-based wealth manager and Financial Planner Fiscal Engineers for an undisclosed sum.
Nearly 9 in 10 financial advisers offer independent rather than restricted financial advice, according to data published this week in the FCA’s Retail Mediation Activities Return (RMAR) report for 2022.
The Treasury has appointed ex-Mercer CEO Fiona Dunshire as the new Government Actuary on a 5-year fixed term appointment.
Just 17% of pension ‘dippers’ - savers who 'dipped' into their Defined Contribution (DC) scheme to release cash - used the government’s Pension Wise personal finance guidance service.
Students at Trent University in Nottingham, one of the largest in the country, are to be offered a chance to study and sit CISI exams during their course.
HMRC collected a record £16.7bn in capital gains tax in the 2021/22 tax year.
The Bank of England today increased its base rate by 25 basis points to 5.25%, the highest level seen in 15 years.
The Financial Conduct Authority has put plans to create a simplified advice regime on hold.