The female adviser gap in the financial advice sector is starting to narrow but more needs to be done to attract women, according to advice network The Openwork Partnership.

Fraud losses leapt by 30% in the first half of the year as criminals turned to investment frauds increasingly pushed via social media.

Daniel Harrison, chief executive of recently-acquired Financial Planning and wealth management firm True Potential, has warned owners of Financial Planning firms to beware of over-generous offers for their businesses.

Fintech and consulting firm Altus has launched a pre-recorded video training series for financial services professionals on how to work with vulnerable customers.

FCA chief executive Nikhil Rathi has pledged to adopt a tougher approach for the regulator in a speech at the Lord Mayor’s City Banquet at Mansion House last night.

Nearly 4 in 10 consumers (39%) say they are are more likely to buy protection insurance as a result of their experiences during the pandemic, particularly the impact on others.

A father and son duo behind a failed SIPP firm - which saw investors hand over nearly £92m - have been banned as directors after repaying themselves over £1.3m ahead of creditors.

A damning report from the National Audit Office out today has revealed that 134,000 state pensioners were underpaid by an average of £8,900 each - with some underpayments dating back to 1985.

Joanne Lake, chairman of wealth manager and SIPP provider Mattioli Woods, is to step down next month.

Women are now almost twice as likely as men to feel ‘on the back foot’ on retirement planning as the Coronavirus pandemic battered their confidence, according to a new report.