After intense pressure from several quarters, wealth manager St James's Place said today that it would scrap most exit charges in a major overhaul due to be implemented in the second half of 2025.

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Expanding national advice firm Foster Denovo Group has reported assets under management in 2022 rose to £1.2bn, up 9% on 2021.

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Nearly three-quarters of people have been targeted by scams in the past year with a majority of approaches online, according to new figures published today.

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‘Compliance’ was the top reason for whistleblowers to complain to the FCA in June, with 63 reports being made to the regulator about the issue during the month.

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Cheshire-based Financial Planner Equilibrium has hit a landmark total of £1m in donations to good causes through its charitable giving arm The Equilibrium Foundation.

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Hybrid advice providers are failing to ensure financial advisers and Planners understand exactly what hybrid advice solutions deliver and how they can be used, according to a new study.

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Expanding wealth manager and Financial Planner MKC Wealth has acquired Wimbledon Chartered Financial Planning firm Holborn Financial for an undisclosed sum.

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Liverpool wealth manager Blankstone Sington (FRN 143694) has gone into special administration following a company-requested court order under the Investment Bank Special Administration Regulations 2011.

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The Financial Conduct Authority has fined financial data provider Equifax Ltd £11.164m for cyber-security failures which exposed the records of 13.8 consumers.

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Emma Hall FPFS, a Chartered Financial Planner at Bristol-based 75point3, has won the prestigious Personal Finance Society (PFS) Chartered Financial Planner of the Year award.

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