A 46-year-old man pleaded guilty to fraud today at Southwark Crown Court following a prosecution brought by the Financial Conduct Authority (FCA). 

The annuity market is buoyant as the Bank of England’s rate pause has encouraged people to take the plunge, according to platform and investment provider Hargreaves Lansdown.

Most pupils leave school missing the money skills they will need, according to new research from the government-backed Money and Pensions Service (MAPS).

A £2.7m boiler room fraudster, who used different names for his crimes and was jailed for nine years for his crooked activities, has been banned by the FCA.

The Personal Finance Society (PFS), a professional body for Financial Planners, has launched a new competency diagnostic tool to help firms identify training opportunities relating to Consumer Duty knowledge gaps.

The FCA has secured a bankruptcy order against father and son directors of a collapsed SIPP introducer who failed to pay back £10.7m in restitution to clients.

Annuity sales soared 46% in 2023 to £5.2bn but only a minority of people took advice before buying one, according to ABI data out today.

Seven out of 10 Claims Management Companies (CMCs) contacted by the FCA in a recent intervention have halted unregulated claims activity.

Pollen Street Capital, the private equity owner of wealth manager and Financial Planner Kingswood, has greenlighted a new £8m unsecured debt facility for the business.

The FSCS has declared nine financial services firms in default during December and January, including several financial advisers.