Investment scam victims are losing an average of £45,000 each to fraudsters and falling prey to a soaring number of 'clone' investment scams, latest figures from Action Fraud reveal.

Cheshire-based Financial Planner Equilibrium donated £133,961 to 66 charitable organisations in its 2019/20 fiscal year as part of its aim to donate a total of £4m by 2028.

A fintech entrepreneur and a group of pals have produced a music video called ’50 Ways to Lose Your Pensions’ to warn about pensions scams.

Over 154,000 people aged 55-64 have opted for early retirement due to the impact of the Coronavirus pandemic, according to a new report.

The government has launched a review of the taxation and regulation of UK funds.

Revenues at adviser support company SimplyBiz fell by 3% in 2020 although profits remained steady.

Collapsed firm Liberty SIPP has been declared in default by the FSCS after being placed into administration on 27 April last year.

Assets under management and administration (AUMA) at wealth manager Quilter rose 7% year on year to £117.8bn at the end of December despite a drop in gross sales.

A 21-year-old Paraplanner has qualified as one of the youngest ever Personal Finance Society Fellows.

Julie Scott, chief executive of Standard Life Aberdeen’s Financial Planning arm 1825 for the past four years, is leaving for a new role as chief customer officer at Royal London.