The FCA has revoked permission to carry out regulated business of City of London-based Portia Investment Advisors Ltd (FRN582587) after it failed to confirm required details of authorised directors.

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AJ Bell’s adviser platform Investcentre has axed or cut several custody charges on its platform and is increasing the amount of interest paid on clients’ cash.

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Pension provider Aegon is calling on the Government to consider introducing a more flexible State Pension age and early access to avoid the harm to some people of further “significant” increases in State Pension age up to 74.

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The Financial Conduct Authority has won a court order to obtain £1.6 million from Argento Wealth Ltd (AWL) and its sole director Mr Daniel Willis who is accused of promoting two alleged unlawful investment schemes. 

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Johnston Carmichael Wealth, part of accountancy and business advisory firm Johnston Michael, has expanded to Dundee following two senior appointments based the city.

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The Financial Ombudsman Service expects the number of complaints it will receive this year to hit 210,000 - nearly 30,000 higher than predicted in December.

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Jim Grant, CEO of Bath-based Chartered Financial Planner Fidelius, is stepping down after 12 years in the role as the FCA gives the go ahead to Swedish wealth manager Sӧderberg & Partners to take a minority stake in the business.

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The new 3-year fixed-rate British Savings Bonds - announced by the Chancellor in his Spring Budget - have gone on sale from today offering interest of 4.15% gross/AER.

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Hargreaves Lansdown is offering £25 cashback to clients who open a cash ISA in the next few weeks, depending on the amount transferred to its cash ISA platform.

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Around 12m State Pensioners will be more than £800 a year better off from 6 April but the extra cash could push many into a tax-paying bracket for the first time, experts have warned.

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