Nearly seven in ten (68%) ethnic minority workers in financial services have experienced discrimination at work in the past year, according to a new report.

The Financial Conduct Authority has warned firms offering investments in Contracts for Difference (CFDs) that it will take swift action in future to prevent consumer harm.

Measure to lift the tax penalties facing senior NHS clinicians who want to carry on working are under consideration by the government, according to media reports today.

Acquisitive Financial Planning firm Perspective Financial Group has acquired a £100m AUM South coast Financial Planner – its 11th acquisition of the year.

Financial Planning and accountancy firm Old Mill has appointed three new partners following a restructure to boost career progression for staff.

Eleven Chartered Financial Planners at wealth manager St James’s Place (SJP) have celebrated receiving Master’s certificates from the University of Gloucestershire at a ceremony to mark their graduation from an MSc Finance course.

The FCA has fined Pembrokeshire Mortgage Centre Limited (trading as County Financial Consultants) £2,354,331 for providing "woeful" and unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined benefit (DB) pension schemes.

FCA CEO Nikhil Rathi says the FCA will apply "additional scrutiny" to authorisation applications from appointed representatives, approved persons and payment agents.

Investment platform and SIPP provider AJ Bell has reported pre-tax profit up a modest 6% year on year to £58.4m for the year ended 30 September.

The FCA is to push ahead immediately with plans to warn pension savers of the corrosive effect of inflation on cash savings.