The Financial Services Compensation Scheme (FSCS) has declared 12 regulated firms in default in February and March.

The FCA has published proposals to extend its new Consumer Duty requirements to its financial crime fighting and reporting rules.

Financial adviser network Tenet Group has promoted programme director Stephen Vickers to be its new CEO, replacing Helen Ball who is standing down after just over a year in the role.

The latest XPS Pension Transfer Watch report has highlighted that pension transfer volumes were 50% lower in March than a year earlier.

The FCA has recovered £533,000 in funds from an unauthorised deposit-taking firm which invested in crypto and other assets, using a soccer league business as part of the venture.

New data from the government-backed Money and Pensions Service (MAPS) has revealed that consumers have reported losing £13.6m to financial scammers over the past year, an average of over £16,000 each.

Investment manager Schroders has begun the search for a new CEO following news that current CEO Peter Harrison will be retiring after a decade on the board.

The Consumer Duty Alliance is to support the launch of a new Retirement Income Taskforce to be chaired by leading pensions campaigner Margaret Snowdon.

The FCA has instigated criminal proceedings against Lee Steven Maggs, 38, of Sittingbourne, Kent, for two counts of fraud and one count of breaching the Financial Services and Markets Act 2000 (FSMA). 

Former Labour minister and lifelong pensions and anti-poverty campaigner Frank Field, Lord Field of Birkenhead, has died at 81 after a long battle against prostate cancer.