The Financial Services Compensation Scheme faces a payout of up to £124m after declaring collapsed SIPP and SSAS firm Rowanmoor as failed.

The FCA has issued a public warning about an unauthorised investment firm called Charles Dickins Ltd (sic) which may be providing or promoting financial services products without permission.

New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.

Compensation for the victims of the Woodford Equity Income fund collapse is a step nearer after creditors voted in favour this week of a scheme of arrangement.

Succession Wealth has appointed Roger Marsden, managing director, retail UK savings and retirement at Aviva, to become its new CEO.

The Personal Finance Society’s interim chair, Andy Briscoe, has quit the role after only six months.

Adviser directory service Unbiased - which connects consumers with advisers - will move to subscription-based pricing on 2 January after an upgrade to its platform.

A school in Bolton has become one of the first accredited Centres of Excellence for Financial Education thanks to funding from a partnership between wealth manager St James’s Place and Young Enterprise.

Birmingham-based BlueSky Wealth Management Ltd (FRN: 446963) has failed, opening the door to claims against the firm through the Financial Services Compensation Scheme (FSCS).

Platform Transact has axed a number of fees after reporting a rise in funds under direction to a record £55bn.