Financial adviser firms have, on average, completed 75% of their Consumer Duty transformation changes, according to a new survey.

Wealth manager and Financial Planner Evelyn Partners has appointed Gabriela Turner as a director for its London Financial Planning team. 

As retirement ages get pushed back, new research suggests UK workers are far from confident that they will be able to do their job by the age of 70.

Fintech and adviser support services firm Fintel, owner of SimplyBiz and Defaqto, said statutory profits climbed 6.3% to £15.3m in 2024 as revenue climbed.

The 498-member Basildon Credit Union Limited (FRN: 213229) has gone into administration and been declared in default by the Financial Services Compensation Scheme (FSCS).

More than half (53%) of UK savers would prefer their pension money invested in the UK, according to consumer research from the Pensions and Lifetime Savings Association.

The Financial Conduct Authority has provisionally fined Crispin Odey of Odey Asset Management LLP (OAM) £1.8m and provisionally banned him from the financial services industry for a lack of integrity. 

The Chartered Institute for Securities & Investment (CISI) has appointed Certified Financial Planner Oliver Bourke as the new chair of its Accredited Financial Planning Firm steering committee.

Retirement provider Standard Life, part of Phoenix Group, has reported a business boost from the growing popularity of annuities.

Private equity firm HSQ has injected a further £4.8m to support its troubled Financial Planning business Kingswood which warned recently that it may run out of money to service its £91m debt pile.