Seven out of 10 Claims Management Companies (CMCs) contacted by the FCA in a recent intervention have halted unregulated claims activity.

Pollen Street Capital, the private equity owner of wealth manager and Financial Planner Kingswood, has greenlighted a new £8m unsecured debt facility for the business.

The FSCS has declared nine financial services firms in default during December and January, including several financial advisers.

New research suggests millions of older pension savers have little idea about what the State Pension is worth - with 40% of 55 to 64-year-olds in the dark about their State Pension forecast.

The Treasury has written to the FCA and other regulators asking them to disclose their strategies on Artificial Intelligence (AI) regulation.

The FCA is to quiz the 20 biggest advice firms about their ongoing advice fees and how they are monitoring implementation of the Consumer Duty.

Virgin Money is to buy Abrdn’s 50% stake in their joint venture called Virgin Money Investments.

The number of Certified Financial Planner professional worldwide rose by 5.1% in 2023 to reach an all time record of 223,770.

Nineteen new financial firms have today joined the Treasury-backed Women in Finance Charter which now covers over 400 firms and 1 million employees.

Three London-based men have been arrested on suspicion of insider dealing, conspiracy to insider deal and money laundering linked to organised crime.