Financial advisers find ‘consumer support’ the most challenging Consumer Duty requirement, according to new research from Abrdn.

Wealth manager and Financial Planner Quilter has added three new investment directors to its team to provide more support to financial advisers.

Three experienced Financial Planners have set up their own new Financial Planning firm called Juniper based at Prestwick in Ayrshire, Scotland.

The Chartered Institute for Securities & Investment has launched new courses for financial services professionals to help boost their wellness and enable them to seek help for potentially addictive behaviour.

The Financial Services Compensation Scheme has said that it will pay the exit and administration charge (EAC) that the joint administrators propose to levy on Hartley Pensions Limited (HPL) customers, despite earlier saying that it could not.

The Prudential Regulation Authority (PRA) has fined HSBC £57.42m for failings related to Financial Services Compensation protection for customers.

Acquisitive fintech and adviser support services firm Fintel, the owner of SimplyBiz and Defaqto, has acquired financial services event firm Owen James Events for up to £2.3m.

The Financial Conduct Authority cancelled the registration of more than 440 mutual societies last year, most of which had already been wound up.

Wealth manager Finli Group, formerly Solomon Capital Holdings, has acquired Scottish Chartered Financial Planners Clark Gillone for an undisclosed sum.

International investment platform Novia Global has launched its own stocks and shares ISA to help UK expats’ savings avoid being left in what it calls “suspended animation.”