The Chartered Insurance Institute is offering discounted learning materials to furloughed members who work in insurance and personal finance and have been hit financially by the Coronavirus outbreak.

National IFA and Financial Planner Continuum (Financial Services) LLP has recruited four more advisers due to business growth.

The FCA said today it would take legal action over business interruption (BI) insurance after concerns some insurers were failing to pay out or dragging their feet on claims.

The Financial Services Compensation Scheme has declared 12 failed regulated firms in default during March and will now consider claims for compensation from clients.

New research suggests that 1 in 10 over-55s (11%) have either accessed their pension early or plan to do so due to the Coronavirus outbreak.

Certified Financial Planner professionals in the UK are to offer consumers pro bono guidance on coping financially with the Coronavirus outbreak via a series of money guides.

Wealth manager St James’s Place is to withhold a third of its proposed 2019 final dividend until the impact of the Coronavirus outbreak becomes clearer.

The STAR initiative, the cross-industry group aiming to improve the transfer of pension and investment assets between providers, is to seek a new chairman following the decision by its chairman Tom McPhail of Hargreaves Lansdown to leave the industry.

Financial provider LV= says applications for its fixed term annuities have doubled over the past month.

Nearly half of wealthier investors will keep their portfolio’s exposure to stocks over the next six month and 37% plan to invest more, according to a new survey of global investors.