Campaigners fighting to halt the deregistration of the PFS say they will fight on against the changes following the decision by Sian Fisher, CEO of parent body the Chartered Insurance Institute, to resign today.

Sian Fisher, the under fire CEO of the Chartered Insurance Institute, is to step down after more than six years in the role.

The Financial Conduct Authority has warned two IFAs and a stockbroker that they face fines and regulatory action over their alleged role in a £5.9m SIPP pension transfer scam.

Wealth manager and SIPP provider Mattioli Woods has appointed David Kiddie as chairman after current chairman Joanne Lake announced she would step down this month.

Pension lifetime allowance (LTA) penalty charges surged by 21% in 2019-20 to £342m (2018-19: £283m), according to data released by HMRC.

Abrdn has launched a Responsible Global Asset Strategies (RGAS) fund for investors who want to focus on responsible and sustainable issues without sacrificing returns.

Almost a quarter (23%) of under-35s value professional financial advice more than they did before the start of the Coronavirus pandemic, according to a new report.

Two industry technical veterans - with over 80 years experience between them - have set up a new business to help trustees cope with changing legislation.

Wealth management trade association PIMFA has called for the Financial Conduct Authority and the Treasury to review the Packaged Retail and Insurance-based Investment Products (PRIIPs) regime rather than taking a “sticking plaster” approach.

Investment platform Parmenion is to introduce new charges to help cover the cost of work involved in selected products.