Outgoing FCA chair Charles Randell - in one of his last major speeches before he stands down - has said that in hindsight “more could have been done” to protect people from the negative impacts of the Pension Freedoms which were introduced in 2015.

Wealth manager Charles Stanley has appointed Adam Benzimra as national sales manager to help grow its presence in the UK intermediary market.

Financial Planning firm Saunderson House will become a restricted financial adviser from 20 June, Financial Planning Today understands.

Adviser network ValidPath has launched a succession solution to facilitate the sale and purchase of IFA firms.

Financial Planner and wealth manager Quilter is to return £328m to its shareholders today.

Financial Planning group Tavistock is to acquire the ‘bionic’ personal financial app business LEBC Hummingbird from retirement adviser LEBC Group for £3m.

The Association of British Insurers has revealed that a near doubling of Covid payouts was a major factor in the record £6.8b in payouts on insurance claims in 2021.

Aegon UK has launched a new dashboard for financial advisers which will enable them to add all protection applications onto one online platform.

FNZ, the platform ‘engine’ behind many UK investment platforms, has appointed Alastair Conway as its new CEO for the UK and South Africa. 

Retirement income planner Chancery Lane, run by Chartered Financai Planner Doug Brodie FPFS, has launched a free online tool on its website which enables income seeks to model historical investment income versus RPI (Retail Prices Index), the older measure of inflation still used for many pensions.