The Financial Conduct Authority has fined Credit Suisse £147m for serious financial crime due diligence failings over £940m of “tainted” loans to Mozambique.

Three-quarters of advisers have changed their investment processes as a result of the collapse of Woodford Investment Management.

Wealth Manager and Financial Planner Tilney Smith & Williamson has agreed terms for a new office in Cardiff.

A new Financial Planning and fund management firm launched today with the acquisition of Charter Financial Planning and Rice Whatmough Crozier.

The Treasury is working with the Financial Conduct Authority on “sustainability” requirements for Financial Planners.

Advisers placed almost £2bn with investment platform Transact during the quarter ended 30 September 2021.

The Financial Conduct Authority (FCA) has written to 3,591 DB transfer advice customers of 10 advice firms to encourage them to make a claim via the Financial Services Compensation Scheme (FSCS).

The Financial Services Compensation Scheme has declared 12 firms in default, including a number of financial advisers and wealth managers.

Under a third of pensions professionals believe pension dashboards will be of use by 2025.

Independent Wealth Planners (IWP) has acquired Acuity Wealth Management and founded a virtual advice service.