Third quarter gross inflows at wealth manager St James’s Place rose strongly by £1.27bn to £4.32bn, the company reported today.

Edinburgh-based SIPP operator Forthplus Pensions has gone into administration following a string of complaints to the Ombudsman about the firm’s due diligence.

The National Audit Office, the UK’s independent public spending watchdog, is to investigate the FCA’s handling of the British Steel Pension Scheme restructuring.

The Financial Conduct Authority has fined Credit Suisse £147m for serious financial crime due diligence failings over £940m of “tainted” loans to Mozambique.

Three-quarters of advisers have changed their investment processes as a result of the collapse of Woodford Investment Management.

Wealth Manager and Financial Planner Tilney Smith & Williamson has agreed terms for a new office in Cardiff.

A new Financial Planning and fund management firm launched today with the acquisition of Charter Financial Planning and Rice Whatmough Crozier.

The Treasury is working with the Financial Conduct Authority on “sustainability” requirements for Financial Planners.

Advisers placed almost £2bn with investment platform Transact during the quarter ended 30 September 2021.

The Financial Conduct Authority (FCA) has written to 3,591 DB transfer advice customers of 10 advice firms to encourage them to make a claim via the Financial Services Compensation Scheme (FSCS).