More than half (53%) of High Net Worth individuals say they have been victims of a financial scam - a 10% rise in just six months.

Nearly 3 in 10 consumers (29%) say that they would avoid taking financial advice because it is too expensive.

Financial provider LV= has appointed ex-Lloyds bank executive Simon Moore as its new chairman.

Financial Planner and accountancy firm Old Mill has acquired Ilminster-based financial outsourcing firm Brook Financial as part of a long term drive to expand in the South West.

Fund manager Vanguard has today launched two model portfolio ranges called Vanguard LifeStrategy MPS Classic and Vanguard LifeStrategy MPS Global with ‘all-in’ costs between 0.21% and 0.33%.

The CEO of The Pensions Regulator, Charles Counsell, is to step down in 2023 after deciding not to seek a second term.

Expanding Manchester-based firm Pareto Financial Planning has reported turnover up by 22% over the past year and total assets under management topping £1 billion for the first time.

Investors pumped in £553 million into funds in April after pulling out £3.5 billion in March, according to latest figures out today from the fund managers’ trade body the Investment Association. 

The FPSB, the global standards setting body for Certified Financial Planners, has urged regulators to get tougher on social media ‘finfluencers’ who promote financial products or give financial tips, often via YouTube or social media.

A SIPP consultant has criticised the Financial Conduct Authority's new rules encouraging a stronger nudge towards pension guidance.