The FCA has secured High Court Approval to return £3.42m to victims of a Ponzi scheme couple who ran a series of unauthorised deposit taking and collective investment operations.

The target for Schroders Personal Wealth to become a top 3 Financial Planning business by 2023 has been pushed back two years to 2025 amid signs growth is providing harder to achieve than expected.

M&G Wealth has selected Richard Denning to be the new CEO of Ascentric, the investment platform it acquired last year from Royal London.

The Money and Pensions Service has made three senior appointments including a new Pensions Dashboards programme director and a new chief finance officer. 

Almost a third (30%) of financial advisers expect the age at which clients first engage with a Financial Planning professional to decrease over the next five years, according to new research.

Zahid Bilgrami is to step down as CEO of technology and data provider Defaqto after eight years at the helm.

The Financial Conduct Authority (FCA) today published its final guidance on its expectations for firms on the fair treatment of vulnerable customers.

Financial Planning firm Lifetime Financial has set a policy that all its Financial Planners should be vaccinated before they return to wide scale face-to-face client meetings.

Financial Planning-focused adviser firm AFH Financial faces opposition from its largest shareholder, Slater Investments, to private equity firm Flexpoint Ford’s £224.5m cash takeover of the group.

Real pay growth hit its highest level since 2001 in December, raising concerns about future inflation.