The FSCS has declared two failed financial adviser firms in default, opening the door to ex-clients with valid claims to seek compensation.

Partners Wealth Management (PWM), the financial advice firm owned by Seven Investment Management, has rebranded following a series of acquisitions.

The Chancellor’s proposed changes to the Cash ISA in her November Budget risk complicating the ISA landscape and confusing consumers, according to the Treasury Committee.

Treasury plans to restrict salary sacrifice to £2,000 a year will push up costs for employers and employees and mean less saving in pensions, the Society of Pension Professionals (SPP) - which represents 15,000 pension advisers - has warned.

Prudential has appointed Sir Douglas Flint as non-executive director and chair designate from March.

The Financial Services Compensation Scheme is expecting a £9.5m fall in the cost of claims in its current financial year due to an overall reduction in the number of complaints.

Scottish Finance Secretary Shone Robison has announced the introduction of a ‘mansion’ tax of properties worth more than £1m in her latest Budget.

Former Pensions Minister Guy Opperman has join pension admin firm Aptia as a strategic adviser.

The Financial Ombudsman Service said today it expects to receive 188,000 cases in 2026/27, while resolving 245,000 cases.

Wealth manager and Financial Planner Titan Wealth has acquired £590m AUA Chester-based Financial Planning firm Innes Reid Investment Limited, for an undisclosed amount.