Scottish wealth manager and Financial Planner Aberdein Considine has split off its wealth division into a separate business as part of plans to create one of Scotland’s largest Financial Planning firms.

The FCA has revoked the authorisations of Glasgow-based claims management firm Compensate Yourself (FRN 837719) after its sole director was convicted of a criminal offence.

Lifetime ISAs may be diverting people away from more suitable products and putting part of their savings at risk, MPs have warned.

FCA plans announced today to allow firms to offer ‘targeted support’ have been widely welcomed across the financial services sector.

The FCA has today published its proposals on ‘targeted support’ which would allow firms to make financial guidance suggestions to groups of consumers with 'common characteristics'.

Former NASA physicist John Burford has pleaded guilty in a £1m investment fraud case, following a prosecution brought by the FCA.

The overall proportion of clients with high levels of vulnerability has decreased over the past year, according to research by fintech Dynamic Planner.

HMRC figures reveal that an extra 3.36m taxpayers have been dragged into paying higher or additional rate tax in the current year.

Pension transfer values fell to a new month-end low in May, the third consecutive monthly record.

Our annual Financial Planning Today survey is under way and the early findings are already revealing some surprising findings, including the depth of confidence in the profession despite the economic headwinds and concerns about the rising cost of regulation.