Representative LIBOR rates will mostly be axed by the end of the year.

Andy Briggs, group CEO of Phoenix Group and former chair of the ABI, is to chair a new climate change committee for the trade body.

The FCA is to launch a new look online invoicing portal on 12 April which will allow users to access their invoices and arrange payment of their fees.

Newly-formed Financial Planning firm Truinvest has acquired two adviser firms to add to the two it acquired last year.

Funds under management held in responsible investment funds have risen 66% over the past 12 months, according to new statistics.

The Financial Services Compensation Scheme declared 14 firms, including six financial advisory firms, in default in January and February.

Schroders Personal Wealth, the Financial Planning business launched by Schroders and Lloyds Bank, has reported £200m in net outflows for 2020.

Schroders Personal Wealth, the Financial Planning business launched by Schroders and Lloyds Bank, is to sponsor up-and-coming international para-rower Ben Pritchard.

One in five of Generation X are now saving less or spending down their retirement savings as a result of the Coronavirus pandemic, according to a new report.

Aviva’s adviser platform has built up assets under management to £32bn, according to the insurance and investment provider’s annual results.