Wealth manager Freddy David has been jailed today for six years for defrauding 55 victims out of £14.5m in a Ponzi scheme.

The Sixth National Paraplanners' Powwow sold out in just two weeks, organisers have confirmed.

The FCA has opened a new consultation on crowdfunding on new rules for loan-based crowdfunding platforms after seeing “poor practice.”

A Chartered Financial Planner Prest has made three new hires to boost its team in Stockport.

Fidelity has recruited experienced investment professional Anne Richards as chief executive from rival M&G where she was CEO of M&G Investments.

Wrap platform Nucleus has added two new non-executive directors to its board.

Glasgow-based SIPP firm @sipp has announced a two-fold increase in profits for the year ended 31 March.

The FCA has called for input from firms about their experiences with the requirements introduced in by the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation.

The Enterprise Investment Scheme Association has launched a new free membership programme especially for Financial Planners and regulated advisers.
 


A church warden has been cleared of trying to hire a hitman to murder a financial advisor who he partly blamed for a £1m loss.