Devon financial adviser Mark Anthony Jensen has been banned by the FCA after he was found guilty of £1.2m worth of fraud and jailed for more than five years.

Fintech and support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired professional advisers' review site VouchedFor and ratings provider AKG for a combined £9.1m.

The Chartered Insurance Institute and Personal Finance Society are seeking Financial Planning firms to take part in a pilot of new 'T Level' qualifications in finance.

A new Pensions Minister has been appointed after previous incumbent Laura Trott MP was promoted to be Chief Secretary to the Treasury in today's Cabinet reshuffle.

Wealth consultancy NextWealth has predicted a "seismic shift" in advice firm structures over next five years with the fee earner to non-fee earner ratio moving from 1:1 to 4:1.

London Fintech firm Ammonite - founded by two former Chartered Financial Advisers - has won a £250,000 investment from Industrial Thought, a group focused on the advancement of wealth management.

The Personal Finance Society and parent body the Chartered Insurance Institute have recognised their top examinees and apprentices in a special awards presentation ceremony held in the City of London.

BSPS-linked advice firm DC Financial Limited (FRN: 170299) has been declared as failed by the Financial Services Compensation Scheme.

The CISI Future Foundation charity has given grants worth a total of £465,000 to seven UK financial literacy charities.

Expanding national advice firm Foster Denovo has acquired £110m AUM Creative Financial Solutions based in Hampshire for an undisclosed sum.