From 24 January the new authorisation fee structure from the Financial Conduct Authority (FCA) will see Financial Planning firms pay a standard authorisation fee of £2,500.

The Financial Services Compensation Scheme has increased its running costs budget forecast for 2022/23 to £95.5m.

The Financial Planning market can expect to see increased interest in acquisitions from private equity firms in the first half of 2022, according to Tilney Smith & Williamson.

The Financial Services Compensation Scheme has told clients of failed SIPP provider Forthplus Pensions to bring claims against their financial advisers.

One fifth (22%) of women consider themselves worse off financially compared to a year ago due to the Coronavirus pandemic, according to new research.

Investment management and Financial Planning group Rathbones has increased funds under management and administration (FUMA) by 25%, according to the first trading update since the completion of its acquisition of Saunderson House.

The Financial Conduct Authority is to launch two market studies to investigate access and competition in the wholesale data market.

In 2020/21 61.3% of pension pots over £50,000 cashed in were withdrawn without financial advice, a rise from the 58.9% seen the previous year.

More adviser firms are buying investment companies via adviser platforms than ever before with an 18% rise in purchases year-on-year last year.

Increased consolidation among Financial Planning firms could create a more sustainable profession, according to a number of Financial Planners.