The FCA has warned that four asset management firms - Artemis Investment Management LLP, Hargreave Hale Ltd, Newton Investment Management Limited and River & Mercantile Asset Management LLP - may have broken competition law.

The charity group Mental Health has announced the launch of a website designed to help sufferers of mental health who have money issues.

Tavistock investments has reported a 130% increase in discretionary funds under management to £745m thanks to organic growth.

The Pensions Advisory Service and the Money Advice Service, both government-backed financial guidance bodies, have launched an ‘integrated’ webchat service.

New research has found that 21% of adults say they would be put away an extra £134 a month on average if they could get financial advice – the equivalent of more than £1,600 per annum.

A survey by fund manager Legg Mason has found that a third of wealth managers (32%) say they are holding more cash across clients’ portfolios to protect against a market correction.

A company offering a binary options trading platform to investors has been successfully shut down by the Insolvency Service at Manchester District Registry after investors lost £350,000.

FE Invest, FE’s model portfolio service, has announced the launch of its Responsibly Managed Portfolios – a suite of risk-targeted portfolios to support financial advisers meeting the rising demand from clients for sustainable and ethical investments.

The Chartered Institute for Securities & Investment has warned that it will take disciplinary or court action against any adviser falsely claiming CFP status.

Research from Prudential has found that nearly two out of five advisers (40%) are working longer hours this year due to business growth and more compliance.