A property investment company and a connected security trustee firm have been wound up by the courts after defrauding £2.85m from clients who believed their investments were protected.

Trade body UK Finance, which represents 250 banks and finance firms, has appointed David Postings as its new chief executive.

Financial Planners may need extra support in the event of a no-deal Brexit, the CISI has warned. 

The Retirement Cafe has marked its 100th episode, with founder Justin King of MFP Wealth Management helping more people plan for retirement via the medium of podcast.

Working from home can be daunting at first but many Paraplanners have risen to the challenge during the pandemic, according to a report in the latest Financial Planning Today magazine - sister publication to Financial Planning Today website.

Canada Life has added 430 funds from 20 different investment houses to its fund range available through its Retirement Account drawdown platform.

The number of DC pensions accessed for the first time in 2019/20 rose 3% year on year from the previous year, according to figures from the Financial Conduct Authority.

Outsourced Paraplanning firm the Timebank has launched a new support service that it believes will help Financial Planners and Paraplanners avoid the need to defer CPD due to the pandemic.

The number of people accessing guidance appointments offered by Pension Wise rose 23% in 2019/20.

The Financial Conduct Authority has secured a £1.6m confiscation order against Richard Baldwin who absconded during his trial and conviction for money laundering in 2017.