Chartered Financial Planning firm Fairstone has acquired two new advisory firms, one in the South and one in the East.

Well known Financial Planner Andy Jervis CFP, one of the first people in the UK to achieve CFP status, has been appointed by the CISI as President of its East Midlands branch.

Nearly 7,000 UK financial advisers have reached Chartered Financial Planner status 15 years after the designation was launched, according to the latest figures from the PFS.

Financial Planner Charles Derby Group has been rebranded as Quilter Financial Advisers in the latest move to create a national financial brand for Quilter.

The Financial Conduct Authority’s pension scheme has apologised after being hit with a £2,000 fine from The Pensions Regulator over governance shortcomings.

LV= has made significant changes to its Life and Critical Illness insurance following feedback and suggestions from financial advisers.

LEBC, the employee benefits and pension adviser, is recruiting for advisers and Paraplanners following a round of redundancies last year which saw 50 roles axed.

The Treasury has appointed experienced FCA hand Christopher Woolard as its interim chief executive, replacing Andrew Bailey who is leaving in March to be Bank of England Governor.

A survey of 2,000 ‘Generation X’ individuals - those aged 39-54 - has revealed that 84% make key financial decisions alone or with their partner.

The FCA and Bank of England have set up a new industry forum to explore the benefits and risks of using artificial intelligence (AI) and machine learning (ML) in financial services.