The CISI has launched an investigation after a website attack resulted in 1,000 customers and members being exposed to the risk of credit card fraud.

The attack on the CISI website - which targeted credit card transactions - came from a "highly organised international attacker", Financial Planning Today understands.

Wealth manager and Financial Planner Brewin Dolphin has reported total funds under management down 14.6% to £41.4bn in the last six months but says demand for financial advice is up.

NS&I has dropped planned cuts to variable interest rates on savings and other products to “support savers” during the pandemic.

Bad financial decisions now will haunt pension savers for the rest of their lives, the ABI has warned consumers.

Chancellor Rishi Sunak has extended the consultation on scrapping the RPI inflation measure by four months to August.

Complaints about regulated firms topped 6m in the second half of 2019, according to data published by the FCA today.

Financial adviser network Openwork has set up an adviser-focused Coronavirus hub for its 3,900 financial advisers.

Investment management firm Quilter Cheviot has added four managers to its expanding investment team following 16 hires in 2019.

Research by Aegon has uncovered that financial concerns about the impact of Coronavirus on pensions are highest among the 55-64 age bracket.