The FSCS has declared Glasgow-based financial adviser firm MacInnes & Bottomley (FRN 121661) in default after a first claim was upheld.

The number of people paying higher rate tax has increased over the past year by 310,000 from 6m to 6.31m, according to the latest HMRC figures.

For British pensioners, paying income tax is now the norm rather than the exception, according to former pensions minister Sir Steve Webb.

Pensions consultant Barnett Waddingham has unveiled a digital tool for businesses called 'Clarity from BW.'

The FCA is now as much a "law enforcement agency" as a financial regulator, according to one of the authority’s executive directors.

A new diagnostic tool will soon allow Financial Planners to benchmark their firms’ activities against Consumer Duty requirements using AI.

Alnwick Garden’s iconic grand cascade has been renamed the Sage Wealth Management Grand Cascade in a sponsorship deal with the North East Financial Planning firm.

The FCA has reminded regulated firms that it requires the first Consumer Duty board reports to be completed by 31 July and says it will ask "a broad sample" of firms to supply the reports for review.

DB pension transfer activity increased ‘marginally’ in May - reversing a downward trend - with transfer values remaining stable, according to the latest XPS Pensions monthly transfer report.

Financial advisers should prepare for an anticipated surge in new clients, according to a new report from Investec Wealth & Investment.