The Financial Conduct Authority has censured failed investment firm Equity for Growth (Securities) Limited (EFG) for approving financial promotions for mini-bonds that were “unfair, unclear and misleading.”

The Bank of England’s Monetary Policy Committee (MPC) has voted 6-3 to maintain the base rate at 3.75% today in a widely expected decision.

Statutory profit before tax rose 102% (year-on-year) for asset manager Schroders to £396.8m in the first half of 2026, driven by financial performance, portfolio simplification and a decrease in costs.

The income tax paid by people in retirement has risen by over 40% in two years, according to new data from HMRC.

The number of centenarians in England and Wales - those aged 100 or more - has more than doubled since 2002, according to new data from the Office for National Statistics.

Lloyds Bank is to create a new AI-enabled simplified advice service under its Lloyds Wealth brand.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said profits grew 11% in the first half of this year to £11.8m.

The 10th annual World Financial Planning Day will take place on 7 October, the Financial Planning Standards Board (FPSB) - the global standards setting body for the Certified Financial Planner designation - has announced.

Bristol-based Financial Planning firm Integrity365 has acquired the financial services arm of Turner Insurance Group in Leicester.

Four in five (82%) wealth managers expect retail clients to increase investment in private equity investments over the next five years.