The Chartered Insurance Institute has hired Alan Vallance, currently CEO of the Royal Institute of British Architects (RIBA), as its new CEO.

Private equity-backed Brighton-based Chartered Financial Planning firm Skerritts has acquired Kent-based Geoffrey Craig Limited and East Sussex-based Saffron Wealth Management.

Yorkshire-based Briggs Murray Financial Planning & Wealth Management and Newcastle-based Whitebridge Financial Planning have been declared in default by the Financial Services Compensation Scheme.

Private equity firm Anacap-owned platforms Novia and Wealthtime are to be combined under the Wealthtime brand in the second half of this year.

The Financial Conduct Authority has ruled out allowing access to bodies such as the Financial Services Compensation Scheme for crypto currency investors, even if they have received advice.

The board of fund manager M&G has launched a hunt for a new chief executive to replace long-serving John Foley who plans to retire.

Over 23,000 new and returning equity release customers cashed in on property wealth via equity release between January and March this year.

Multi-employer master trust pension fund National Pension Trust (NPT) is to move its default investment to an ESG guided strategy this month.

Inheritance tax receipts for April 2021 to March 2022 were £6.1bn, a rise of £0.7bn year-on-year, according to the latest figures from HMRC.

The FCA has barred a financial adviser indefinitely from carrying out regulated activities after 13 complaints to the Financial Ombudsman Scheme (FOS).