The UK economy was flat in July with the Office for National Statistics reporting zero growth in GDP month on month in July, compared to 0.4% growth in June.
Fintech Origo has appointed Chartered Accountant Vivienne Sacco as chief finance officer.
Octopus Group’s financial advice proposition Octopus Money has added AI assistants to help with administrative and planning tasks.
Client acquisition (34%) and client retention (23%) are the top business priorities for financial advisers over the next 12 months, according to IFA directory Unbiased.
ISA provider The Children’s ISA (TCI) has migrated its 126,000 ISA and Junior ISA accounts away from Embark to white label platform provider Quai Digital.
The Treasury Committee has criticised the government for not heeding its warnings that the Lifetime ISA (LISA) required reform.
Three finfluencers appeared before Westminster Magistrate’s Court yesterday, each charged with an offence relating to their social media posts.
The FCA has proposed further cuts to data reporting requirements by reducing the frequency of submissions for selected sections of the Retail Mediation Activities Return (RMAR).
Financial planning-led wealth manager Atomos has partnered with fintech Fincalc to strengthen its centralised retirement proposition and client onboarding processes.
Savers could be losing £1.7bn from their pension pots due to poorly informed transfers made in the year to 30 June, according to master trust People’s Pension.