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

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

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

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

The acquisition by adviser platform Nucleus’ of fintech Third Financial has gained approval from the FCA, taking the deal a step closer to completion.

CPI inflation in April fell to 2.3%, down sharply from 3.2% in March, ONS reported today.

Citigroup Global Markets Limited (CGML) has been hit today with two fines by UK financial regulators totalling nearly £62m.

Wealth manager Saltus has partnered with fintech FinCalc to develop a range of digital tools for its clients and advisers.

The FCA has called on financial advisers and financial professionals to educate themselves and staff on the signs of financial abuse.

Worcestershire Credit Union Castle & Crystal Credit Union Limited (FRN 213711) has been declared in default by the Financial Services Compensation Scheme after it was placed into administration today (21 May).