Total membership of occupational pension schemes with two or more members increased last year by 300,000, the Office for National Statistics has reported this morning.

The FCA has revealed which firms it has received the most complaints about, with Barclays Bank topping the list for investment products.

Thomas Miller Investment has agreed a deal to buy Broadstone Wealth Management for an undisclosed sum.

The emerging Paraplanner Powwow movement could be set to expand further still with the national event doubling its time next year.

An investment adviser has today been banned by the FCA from performing any function in relation to any regulated activity.

Paraplanners want to see the creation of a unified standard for their profession, including a minimum level of qualification, and have even suggested creating their own distinct professional body, Financial Planner Online has been told.

The FCA believes that some investors who put money into the EEA Life Settlements fund, a UCIS or unregulated collective investment scheme, were mis-sold.

A complaint against a Financial Planning firm following an 'unsuitable' £50,000 investment for a client who had come into some inheritance money has been upheld by The Financial Ombudsman Service.

The FCA has punished Barclays Bank with the highest ever fine for client asset breaches - leaving the bank having to pay nearly £38 million.

A merchant banking group has set up a new private office division for wealthy individuals and their families providing trust and fiduciary services.