Financial Planners should avoid ‘retrofitting’ when it comes to doing due diligence on DFMs, a former FCA technical specialist said this morning.

The Financial Conduct Authority’s chief executive will be grilled by Lords today as part of a probe into poor understanding of money related matters.

A 22-year old wealth manager has become the youngest ever Fellow of the Personal Finance Society.

The Financial Ombudsman Service has ruled in favour of a client who complained over advice to transfer the value of his protected rights into a new Sipp.

A Chartered Financial Planning group has bought a wealth firm specialising in estate planning with 1,500 clients.

The FCA has found a “high level of inaccuracies” in PII policies for insurance advisers, especially on the scope of cover for FOS awards.

A pensions expert has called for urgent action to help the self-employed as figures showed a significant decline in saving over the past decade.

A new DFM due diligence update event for Financial Planners and Paraplanners will take place in London tomorrow.

The number of people saving into workplace pensions has increased by 4.4 million since 2012, new figures showed.

Certified Financial Planners must undertake one hour extra of ethics CPD from April.