Fake trader Guy Flintham - who splashed out more than £1m of investors' money on a "extravagant lifestyle" - has been jailed for six years over a £19m unauthorised Ponzi-style investment scheme.

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MKC Wealth, the expanding wealth manager, has acquired Dartford-based Gibson Lamb and Mulberry Financial of Macclesfield for undisclosed sums.

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The FCA has written a Dear CEO letter to provider bosses to alert them to potential gaps in data as the Consumer Duty deadline for closed products looms.

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Fintech and investment provider Timeline has launched its own adviser platform promising a platform fee of a typical 0.15%.

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Retirement planning specialist Paul Goddard has joined Derbyshire Financial Planning firm Belmayne.

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The number of Britons looking to release money from their property to fund their retirement has risen to 61%, according to a report from the Equity Release Council.

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Average assets per member of defined contribution pensions have fallen by 66% since the beginning of 2012, according to new data from The Pension Regulator.

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The FCA has brought charges against nine people in relation to an unauthorised investment scheme promoted on social media.

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Generation Z and Millennials are adopting “trader-like” open and active investment strategies, according to recent research by investment platform Charles Schwab.

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Abrdn has relaunched two of its fixed income funds with an unconstrained approach due to the investment manager’s opinion that inflation volatility is “here to stay."

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