The Financial Conduct Authority has warned that firms subject to MIFID II reporting rules should begin preparing now for the consequences of a ‘no-deal’ Brexit as the prospect of EU withdrawal without agreement becomes more likely.

Acquisitive wealth manager Kingswood has bought Oxfordshire IFA firm Thomas & Co in a deal worth up to £3.3m.

Administrators have been appointed at mini-bond and ISA firm London Capital & Finance (LCF), which has 14,000 bondholders with holdings totalling £236m.

A director at Aegon has blasted today’s revelation that advisers will have to pay £175m in levy payments to the FSCS as “unfair”.

International SIPP provider STM Group has hired a new chief operation officer to boost governance and risk management, the firm’s full-year results have revealed.

The FSCS levy is expected to cost advisers £175m for the 2019/20 financial year, a new report has revealed.

Sesame Network, part of Sesame Bankhall Group (SBG), has bolstered new business growth with the appointment of a new business development director.

The Financial Services Compensation Scheme has revealed that it has so far paid out £22m to the 16,000-plus victims of the Beaufort DFM collapse.

Quilter Private Client Advisers has bought two Financial Planning firms.

The FCA has been ordered to pay thousands of pounds to the ex-chief executive of a collapsed IFA firm.