The Financial Conduct Authority has permanently banned and imposed financial penalties on two former employees of collapsed firm Worldspreads Limited (WSL) which used fake client accounts and made unauthorised use of real client accounts.

Share Radio, a financial and personal finance radio station, is to close in May after two and a half years of DAB broadcasting due to difficulty in attracting sufficient revenue.

Manchester-based SIPP provider Liberty SIPP has defied market gloom in the SIPP sector to nearly double the value of its assets under administration in the past year.

The Financial Conduct Authority is to resume its investigations into the Reading-based branch of Halifax Bank of Scotland after a police probe resulted in six people being jailed for a total of 47 years for fraud and money laundering offences.

Old Mutual Wealth’s Private Client Adviser division has agreed terms to acquire Shrewsbury-based Infiniti Financial Planning.

The government’s planned controversial probate fee reform could be a new stealth tax on bigger estates, a Financial Planning expert has warned.

The CISI is encouraging consumers to seek free Financial Planning sessions from qualified Financial Planners as part of its annual Financial Planning Week 2017 campaign which will take place during the week beginning 8 May.

Trainee Cara Gilbert, 19, from Ayrshire, has recently become the youngest person in the country to complete the Diploma in Financial Planning from the Personal Finance Society.

Platform provider Transact has launched a Lifetime ISA from today to add to its existing flexible ISAs and JISAs. It is one of a number of providers to launch LISAs although many banks have remained lukewarm on launching their own LISA.

The Chartered Institute for Securities & Investment has award six CISI Honorary Fellowships to eminent figures in the financial services sector, including Paul Etheridge, founder of cashflow modelling software firm Prestwood.