FCA CEO Nikhil Rathi has hailed the new Consumer Duty as a “game changer” and has said regulatory action this year has been unprecedented.

Financial advisers believe Artificial Intelligence (AI) technology will improve client servicing but could also potentially threaten the jobs done by human advisers.

A major new study has found that a quarter of people (24%) are in the dark about the age they will receive their State Pension - including 10% of those aged 55 to 64.

The FCA has warned investors this week to beware of persistent scammers trying to clone the Hargreaves Lansdown (HL) website.

The Spring Budget 2024 will take place on 6 March, the Treasury confirmed today.

Troubled wealth manager and Financial Planner WH Ireland has reported saw bigger losses and a sharp drop in revenue in interim results out today.

Jersey-based wealth manager and financial services group TEAM plc has acquired its third Financial Planning business, it announced today.

The UK has struck a new deal with Switzerland which will enable UK wealth managers to more easily serve Swiss clients, and vice versa.

Fast growing Scottish Chartered Financial Planning firm Acumen has added 16 new staff in 2023, it reported this week.

Macclesfield-based pension adviser The Chambers Partnership Ltd (FRN 495472) has been declared in default by the FSCS, opening the door to at least one compensation claim.