The Financial Services Compensation Scheme has so far paid out just over £9.7m on 234 successful claims against failed firm Portal Financial Services LLP, formerly Portafina LLP (FRN 501272).

The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has voiced “deep concerns” about a big proposed rise in a DWP pension scheme levy which could hit SSAS providers and other small pension scheme in the pocket.

Two fraudsters convicted of a £37m VAT swindle, one of the UK’s largest, have been forced to hand over £685,000 in pension funds.

The FCA is to probe potential regulatory breaches related to NatWest's unilateral closure of politician Nigel Farage’s Coutts bank account earlier this year.

Members of the OurPFS campaign group of Financial Planners has called for an investigation into what it alleges is a ‘missing’ £10m in funds it says are being held by PFS parent body the Chartered Insurance Institute.

Chartered Insurance Institute CEO Alan Vallance has resigned after just over a year to become the new CEO of the Institute of Chartered Accountants in England and Wales (ICAEW).

The Certified Financial Planner designation, the global qualification for Financial Planners, has been extended to Financial Planners in Italy.

Wealth manager and SIPP provider Mattioli Woods has appointed a new chair to help steer the company as its advice business continues to grow.

More than £26bn in pension pots is ‘missing’ because savers have lost track of their retirement pots, according to new analysis.

The Personal Finance Society was hit by soaring costs in 2022 as it spent heavily on legal and consultancy fees during its row with parent body the Chartered Insurance Institute.