Söderberg & Partners Wealth Management, the fast growing Scandinavian firm building a presence in the UK, has recruited Paul Boston as its new chairman following the death of former chairman Bill Vasilieff last year.

Inheritance Tax receipts are rising strongly along with a number of other tax revenues, producing a mini-windfall for the government.

The Financial Services Compensation Scheme, the government’s financial safety-net for consumers, has declared two financial adviser firms as failed this week.

The FCA has urged victims of unauthorised financial adviser Ian James Hudson to come forward by 3 July after a court ordered compensation for his victims. 

The FCA and the Metropolitan Police have arrested two people suspected of running an illegal cryptoasset exchange.

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