The Serious Fraud Office has secured a £163,350 increase in the confiscated amount awarded against boiler room fraudster David Vidgeon, bringing the total confiscation amount to £269,899 over ten years after he was convicted.

SIPP provider Curtis Banks has appointed Jill Lucas as non-executive director. She has also been appointed chairwoman of Curtis Bank's recently acquired fintech firm Dunstan Thomas.

Data, ratings and technology provider Defaqto has launched an income drawdown tool for its Financial Planning software Defaqto Engage.

Former Vanguard CEO Bill McNabb has been hired by wealth manager Tilney Smith & Williamson as a non-executive director.

Pension transfer activity slumped by 20% during 2020 but signs of possible scams climbed with 49% of transfers showing at least one 'red flag', according to a new report.

Financial Planning and wealth management group AFH Financial said it would resume its hunt for acquisitions as revenues rose 4% to £77.1m for the year ending 31 October.

Funds under direction (FUD) at platform Transact totalled £44.82bn at the end of December, an increase of 9.1% over the previous quarter as gross inflows rose.

The Personal Finance Society has been a key mover behind the launch of an independent Financial Vulnerability Taskforce aimed at supporting planners and advisers to spot and tackle consumer vulnerability.

The FCA halted 343 applications for authorisation from firms and individuals in 2020 in a clampdown to protect consumers.

The FCA has launched a Defined Benefit Advice Assessment Tool to help advisory firms understand how the regulator checks the suitability of Defined Benefit pension transfer advice.