The FCA is to open applications for a second cohort of live AI testing in January, with participating firms able to start testing in April.

Chartered Financial Planning firm One Four Nine Wealth has opened a new office in Glasgow to spearhead its growth in Scotland.

The Advertising Standards Authority (ASA) has issued rulings against a trio of unregulated art investment firms over misleading online adverts.

The FCA has imposed its first censure on a professional body, the Institute of Certified Bookkeepers (ICB), for failings in relation to its anti-money laundering supervision.

City-based investment firm Pello Capital (FRN 449720) has been declared in default by the Financial Services Compensation Scheme.

Only around a fifth, 22%, of advisers have developed clear profiles for their target clients, leaving those without limiting their growth opportunities, according to a new study.

Savers stashed £4.2bn in cash ISAs in October, the largest inflow since the end of the tax year in April, and up from £3.3bn in September.

The number of advisers complaining that poor service from platforms is significantly affecting their business, has fallen dramatically.

Almost 8 out of 10 firms see compliance and regulation, and a lack of a structured due diligence framework, as barriers to AI adoption.

Chartered Financial Planner Roger Jackson joined the board of the Personal Finance Society (PFS) on Monday while Debbie Mitchell left her role as a director of the board, ahead of becoming deputy president of the CII.