National adviser network Vision Independent Financial Planning has appointed managing director Zoe King as chief executive while Paul Sweaton, former chief executive, has become executive chair.

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Three crooks who laundered funds fraudulently obtained from 350 people tricked into investing more than £12m in a boiler room fraud were sentenced on Friday.

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The FCA says a crackdown on illegal investment advertising on the internet helped cut investment fraud in 2023, with overall losses down 40%.

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Adviser platform Nucleus has signed a deal to acquire Third Financial, a provider of white label investment platforms and software.

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The FSCS has declared a Portuguese financial firm involved in the UK SIPP market in breach of its regulatory permissions as failed.

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Four hundred workers from The Pension Regulator will take part in a new 12-day strike starting later this month.

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Adviser platform Parmenion has added model portfolio ranges from Hymans Robertson Investment Services (HRIS), Pacific Asset Management (PAM) and Albemarle Street Partners (ASPIM).

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A rule change giving longstanding NHS staff the option of partial retirement has seen more than 3,200 medical professionals apply in the first three months.

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The challenging economic environment is leading to profound changes in client retirement decisions, according to a new adviser survey.

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Only 14% of crypto-asset business registrations submitted to the FCA have been approved by the regulator since it became the crypto market supervisor in 2020.

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