The chief executive of Schroders Personal Wealth, Peter Hetherington, has left the firm which will now seek it’s third chief executive in 12 months.

The wealth manager trade body PIMFA has said it is encouraging to see the FCA chairman acknowledge that the FSCS levy is at an unacceptable level.

Over half (51%) of Britons say they have little or no understanding of the Pension Freedom rules introduced in 2015, according to new research.

Paul Richardson has stepped down as chairman of Financial Planner Frenkel Topping and handed the role to Tim Linacre.

The Pensions Regulator (TPR) has unveiled guidance it expects new 'superfunds' to meet to ensure savers in defined benefit (DB) schemes are protected ahead of Government legislation. 

Financial Planning Wales, a Chartered Financial Planner firm, has become the latest firm to face a cloning scam as the FCA warned that scammers are using fake details of the company to try to con people.

The FCA has decided to permanently ban the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors.

An FCA review of equity release advice has found that some is “not up to scratch.”

Adviser tech firm O&M, part of fintech Iress, is to provide free CPD-qualifying webinars on drawdown for advisers.

The FCA has fined Commerzbank AG (London Branch) £37.8m for failing to operate adequate anti-money laundering (AML) systems and controls between October 2012 and September 2017.