The FCA will ban commissions on funeral plans from 29 July 2022 when it begins to regulate the funeral plans market for the first time. 

The FCA is consulting on plans to boost the number of listed companies and IPOs (initial public offerings) in the UK to encourage new investment and provide a wider choice for investors.

The Treasury is consulting on whether to axe the 10% drop rule which requires advisers to write to clients if their portfolios drop by 10% or more.

Pension adviser Portal Financial Services LLP has shut its doors to new business following a string of complaints to the Financial Ombudsman Service, many brought recently by Claims Management Companies.

Openwork Partnership, one of the UK’s largest financial advice networks, is planning a staff return to a revised 5 day a week office working model from 6 September if the government further eases Covid-19 restrictions.

There has been a surprise decline in the number of advised clients ‘phasing’ retirement since the pandemic.

Former Standard Life Aberdeen joint chief executive Martin Gilbert’s AssetCo has acquired a 30% stake in Parmenion Capital Partners.

Financial advisers will pay £82.3m towards the Financial Conduct Authority’s fees for the coming year, according to its annual fee policy statement.

Financial Planners have shared their thoughts with Financial Planning Today on the Chartered Insurance Institute’s (CII) plans to deregister the Personal Finance Society (PFS).

The Financial Conduct Authority has urged 20 remaining victims of an illegal investment scheme to come forward after Southwark Crown Court ordered compensation be paid.