The resignation of Amber Rudd as Work and Pensions Secretary on Saturday night triggered the appointment of the sixth DWP boss since 2016 prompting Financial Planner Quilter to hit out at the “revolving door”.

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The Personal Finance Society (PFS) has urged product providers, financial advisers and the FCA to ensure Innovative Finance ISAs are designed and promoted in a way that “will not exploit known behavioural biases”.

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Sussex-based MHA Carpenter Box has recruited its largest ever intake of new trainees.

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The CII has launched a new Inclusive Financial Planning Qualification, exclusive to St James’s Place partners and advisers.

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Work and Pensions Secretary Amber Rudd MP has quit her Cabinet role and her Conservative Party membership in protest at the expulsion of 21 MPs from the party.

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Tenet has completed its first practice buyout in Scotland, with the acquisition of Forth Financial Services Limited, based in Haddington, near Edinburgh.

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New research from Close Brothers has revealed the state of financial wellbeing of the UK’s millennials, with 87% admitting that money worries affect them while they are at work. 

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HMRC has fined a London firm a record £7.8m as part of a crackdown on money laundering.

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XPS Pensions Group (XPS) has appointed Harry Harper as head of risk transfer, the firm has revealed.

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The St James’s Place Academy has celebrated its 500th graduate successfully completing the firm’s in-house training programme.

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