Fraud Squad officers from the City of London Police have arrested a 60-year-old man in Spain in connection with the activities of Kingsbridge Asset Management, a firm which targeted HNW individuals including top professional footballers.

A former St James’s Place trainee adviser has been fined and banned after he made false claims about CII qualifications and falsified documents.

Hargreaves Lansdown has boosted new business and revenue according to its latest trading statement.

FSCS has awarded its ‘strategic sole partner’ contract to Capita for the provision of a claims handling service.

Financial Planning firm Old Mutual Wealth Private Client Advisers - an appointed rep of Intrinsic - has acquired Scottish IFA firm DG Pryde which has £200m of assets under advice.

A call by Aviva’s chief executive Andy Briggs to ban contingent charging has been criticised as “too heavy handed” by an expert.

Murphy Wealth, a Glasgow-based firm of wealth advisers, is planning to double in size in the next year and launch a graduate programme.

FSCS has declared eight advisory firms in default and consumers who have had dealings with them could get money back.

ESG investing is becoming a key part of clients’ investment decisions and is no longer a marginal option for a few, according to findings from Royal London Asset Management’s annual investment conference.

Major private equity firm Hg has announced a “significant investment” in FE, a data, analytics and software vendor focused on the UK and Australian retail investment funds and advisory markets.