The Quilter Investment Platform and Aviva Platform were the two most recommended adviser platforms in 2024, substantially ahead of their rivals, according to new data.

Aberdeenshire-based Acumen Financial Planning has promoted Keith Mackie to become its new group managing director.

The Financial Ombudsman Service (FOS) is expecting to deal with 4,000 more fraud and scam cases in the banking and loan sector over the next 12 months - a rise of over 12%.

Gross inflows into Quilter’s platform from IFAs rose 91% year-on-year during the fourth quarter of 2024.

Financial Planning firms make up the bulk of firms on the FCA register offering ‘holistic advice’, according to a new report from financial services adviser consultancy Autus.

The 18,000-member London Community Credit Union (LCCU), one of London's largest credit unions, has gone into administration and been put into default by the Financial Services Compensation Scheme (FSCS).

The FCA is to retire its British Steel Pension Scheme redress calculator which has been used to provide an assessment of client losses incurred due to poor advice.

HMRC is to reform the much-criticised system it uses to apply emergency tax codes to pension lump sum withdrawals.

Isle of Man financial services holding company Manx Financial Group has acquired Liverpool-based wealth manager CAM Wealth Group.

Inheritance Tax (IHT) receipts rose £0.6bn (year on year) to £6.3bn for the period April to December 2024, according to the latest data from HMRC.