Financial Planners are currently unconcerned about any shorter-term impacts hitting clients following the announcement of a UK General Election to be held on 4 July.

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The Financial Ombudsman Service has set out proposed fees for Claims Management Companies (CMCs) and other 'professional representatives', following the introduction of legislation in parliament.

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The Financial Services Compensation Scheme (FSCS) has reduced its annual levy on the industry for 2024/25 to £265m.

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The FCA has fined HSBC Bank plc, HSBC UK Bank plc, and Marks and Spencer Financial Services plc (HSBC) £6.28m for failures in its treatment of customers who were experiencing financial difficulties.

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Investment platform AJ Bell has reported a 47% increase in pre-tax profit £61.4m for its first half of 2024 which ended on 31 March (HY23: £41.9m).

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Nine in 10 financial advisers expect increased speed and operational efficiency from the use of AI, according to a new report.

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Investment platform Hargreaves Lansdown (HL) has rejected a £5bn takeover bid from a private equity consortium.

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HSBC Life (UK) has opened up its Onshore Investment Bond to UK corporate investors following demand from advisers.

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The 2024 ISA season was a ‘damp squib’ with several platforms recording net ISA outflows, according to a new report from consultancy Fundscape.

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Prime Minister Rishi Sunak has called a surprise general election for 4 July.

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