The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.

Consumers facing financial difficulties due to being victims of economic or financial abuse will get more support in future, an industry trade body says.

The FCA has confirmed that the 45-year-old sterling LIBOR rate will be killed off at the end of the year.

Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.

US fintech SS&C Technologies Holdings is to acquire the UK B2B investment platform Hubwise Holdings for an undisclosed sum. 

Treasury Committee MPs have questioned FCA CEO Nikhil Rathi over the regulator’s bonus scheme, fee rises and backlogs in firm authorisations.

Savings and retirement provider Phoenix Group has recruited Anna Franekova as corporate development director to spearhead its acquisition strategy.

Financial Planners expect little impact from the Government’s plans to move England into tougher Coronavirus pandemic restrictions.

Wenda Field, former chief sales officer at Intelliflo, has been appointed chief commercial officer UK at platform engine FNZ.

Fidelity's adviser platform FundsNetwork has added discretionary fund manager 7IM’s range of active model portfolios (MPS).