There was a 12.5% drop in the sales of equity release plans in 2020, according to a new report.

The Serious Fraud Office has secured an increased confiscation order against former stockbroker and convicted Ponzi scheme fraudster Nicholas Levene.

Platform assets administration at investment platform AJ Bell rose 17% to £55.2bn in 2020, according to its annual results released today.

Wealth manager and pensions firm Mattioli Woods has taken a stake in Tiller Group, a financial technology (fintech) company which closed its robo advice arm in 2019.

The FCA has revealed that 50% of authorised firms previously using the Gabriel data reporting system have moved across to the regulator’s new RegData data collection system.

Fund manager Jupiter has reshuffled its sustainable investing team in a move which sees the exit of 20 year Jupiter veteran Charlie Thomas for a new role outside the company.

Only 20% of financial services professionals are confident that their firms are committed to ethical finance policies and ESG principles.

CPI inflation doubled in December to 0.6% from 0.3% the previous month.

Over eight in ten financial advisers would recommend careers in their profession to a friend who has been made redundant due to the Coronavirus pandemic, according to a new poll.

Financial Planner-formed managed portfolio provider IronBright Investment Management has launched its own investment platform.