IBOSS, the investment management arm of Financial Planner and wealth manager Kingswood Group, is to cut the Ongoing Charges Figure (OCF) on all 32 of its DFM MPS portfolios.

Nucleus Foundation, the charitable arm of platform Nucleus, has teamed up with Verve Foundation, the charitable arm of industry support services firm Verve, to fund 10 women to join the ‘We Are Change’ programme which opens the door to a career in Financial Planning.

The Information Commissioner’s Office (ICO) - the body which enforces data protection standards - has warned firms to use alternatives to the blind carbon copy (BCC) email function when sending emails  following a number of business data blunders. 

Wealth manager JM Finn has appointed Lucy Coutts, a regular media commentator, as head of its new York office.

The FCA has issued new guidance to advisers on giving pension transfer advice to vulnerable clients.

Pension transfer activity has continued its downward decline, hitting a five year low in July and dropping to half the level seen a year earlier.

A new study forecasts a boom ahead for advisers offering tax-effective investment advice as the number of higher rate taxpayers rises inexorably.

The Financial Services Compensation Scheme has issued a rare public warning about scammers targeting victims of mini-bond provider London Capital & Finance (LCF).

NS&I has launched new one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds from today paying up to 6.2% - the highest rate since they were launched in 2008.

US-owned wealth manager and Financial Planner Raymond James Investment Services (FRN 194713) has agreed that it will not employ any new investment managers or open any new branches without the consent of the Financial Conduct Authority.