Aegon Asset Management has launched the UK-domiciled Aegon Global Income Fund, which it said was designed to deliver a premium yield and long-term capital growth.

The HNW-focused investment manager Wealth Club said the amount invested across its platform has climbed 17% to £1.644bn.

Scottish wealth manager and Financial Planner Aberdein Considine has split off its wealth division into a separate business as part of plans to create one of Scotland’s largest Financial Planning firms.

The FCA has revoked the authorisations of Glasgow-based claims management firm Compensate Yourself (FRN 837719) after its sole director was convicted of a criminal offence.

Lifetime ISAs may be diverting people away from more suitable products and putting part of their savings at risk, MPs have warned.

FCA plans announced today to allow firms to offer ‘targeted support’ have been widely welcomed across the financial services sector.

The FCA has today published its proposals on ‘targeted support’ which would allow firms to make financial guidance suggestions to groups of consumers with 'common characteristics'.

Former NASA physicist John Burford has pleaded guilty in a £1m investment fraud case, following a prosecution brought by the FCA.

The overall proportion of clients with high levels of vulnerability has decreased over the past year, according to research by fintech Dynamic Planner.

HMRC figures reveal that an extra 3.36m taxpayers have been dragged into paying higher or additional rate tax in the current year.