The Bank of England has called for regulation for cryptocurrency saying that crypto finance “poses risks to financial stability.”

Quilter chairman Glyn Jones is to step down as chair and director of the firm next year.

Revenue in the second quarter at wealth management firm Charles Stanley increased by 15.3% year on year to £46m.

Wealth manager Brooks Macdonald reported a 2.2% increase in funds under management (FUM) for the quarter ending 30 September.

Defined benefit pension transfer values held up close to their record high for most of September but slipped in the last 10 days of the month due to a sharp increase in government bond yields.

UK GDP saw modest growth in August with an increase of 0.4% but remains 0.8% below its pre-Coronavirus pandemic level seen of February 2020.

Over 8 in 10 (86%) investors hit by the suspension of the Woodford Equity Income fund in June 2019 suffered a 'negative impact' to their finances, according to the Association of Investment Companies.

The Financial Ombudsman Service has upheld two complaints about Integrity IFA’s advice involving unregulated investments in SIPPs and scolded the advice firm for ignoring clients and the ombudsman.

More than 80% of IFAs rank ESG considerations as important for client portfolios compared to 65% this time last year, according to a new study.

Tilney Smith & Williamson has formed a Financial Planning partnership with the Royal Institution of Chartered Surveyors (RICS) which will give access to Financial Planning services to RICS members.