Adviser platform AJ Bell has urged the Government to consider giving a minister specific responsibility for tackling financial scams.

Hargreaves Lansdown has reported a surge in new clients signing up to its cash savings service following government-backed NS&I slashing its rates in September.

Wealth managers, professional associations, regulators, investment and protection providers have signed up to the Business in the Community’s Race at Work Charter.

Protection provider LV= has paid more than £6m in Coronavirus-related income protection and death claims since March.

Financial services and Paraplanning support firm the Verve Group has launched an initiative to attract new talent to the Financial Planning profession.

More than 1 in 4 financial advisers (27%) taking part in a PFS straw poll said clients had reduced the amount they were saving and spending due to concerns about the impact of the Coronavirus pandemic.

A property investment company and a connected security trustee firm have been wound up by the courts after defrauding £2.85m from clients who believed their investments were protected.

Trade body UK Finance, which represents 250 banks and finance firms, has appointed David Postings as its new chief executive.

Financial Planners may need extra support in the event of a no-deal Brexit, the CISI has warned. 

The Retirement Cafe has marked its 100th episode, with founder Justin King of MFP Wealth Management helping more people plan for retirement via the medium of podcast.