Financial services mutual Wesleyan Financial Services has appointed former FNZ CEO Paul McMahon to its board as a non-executive director.

The Financial Ombudsman Service will freeze its case fees at £650 for Financial Planner respondents for its 2025/26 year.

Financial Planning technology firm Ortec Finance has appointed Mark Glover as managing director and head of UK wealth management.

The value of acquisitions of financial advice firms rose considerably in 2024 due to an increase in the acquisition of firms with over £1bn in assets under advice.

The FCA has decided to hold off introducing new rules on sustainability-related governance and the transition to net zero for regulated firms following a consultation with the industry.

Carlton Hood has been appointed CEO of protection provider Guardian from 1 May.

Nikhil Rathi, chief executive of the FCA, said the regulator was considering how retail markets can take a more holistic approach to Britons’ finances.

Almost one in five Britons (17%) will rely on only the State Pension for retirement income, according to a new report.

Aegon UK has added three long-term asset funds to its largest workplace pension default fund, the Universal Balanced Collection.

Wealth manager and Financial Planner Titan Wealth has acquired Workplace Advice Group, a provider of workplace pensions which manages £200m for 1,459 schemes.