Two leading professional bodies have applauded the FCA for adding the professional memberships and affiliations of individuals to the FCA register.

Crowd-funder MoneyThing Capital Limited has gone into administration.

The Financial Conduct Authority has fined investment platform Charles Schwab UK Ltd (CSUK) £8.96m for a series of safeguarding and compliance failures.

Chris Ralph, former chief investment officer at wealth manager St James’s Place, is to step down at the end of this year after 11 years with the company.

Most financial advisers who took part in a recent survey expect a steady shift towards Environmental, Social, and Corporate Governance (ESG) investing post the Coronavirus pandemic.

Fund manager and platform provider 7IM has launched a range of multi-asset funds which it says will offer advisers low-cost and highly diversified passive investments.

The FCA is to end the Covid-19 flexibility it has allowed this year on implementing the new Senior Managers and Certification Regime (SMCR).

The FCA has publicly censured fund operator Blue Gate Capital Limited and ordered it to pay £203,007 in restitution to investors who lost money in the Connaught Income Fund, Series 1. 

Chancellor Rishi Sunak will present his next Budget to MPs on 3 March.

Consumer confidence has jumped seven points in December with personal finance confidence rising significantly boosted by the vaccine roll-out, according to new market research.