The FCA has launched criminal proceedings against Daniel Pugh over a £1.3m unauthorised investment scheme.

The Competition and Markets Authority is to investigate the merger between platform Nucleus and SIPP provider Curtis Banks.

Investment and SIPP platform AJ Bell has called on the Chancellor to double the personal savings allowance in his Autumn Budget.

The majority of the £403m in claims paid by the Financial Services Compensation Scheme in 2022/23 were due to investment and pension advice including SIPP operator failures.

CPI inflation has fallen to 7.9% for the year to June, the lowest level seen for over a year.

Three Financial Planning businesses have joined the CISI's exclusive list of Accredited Financial Planning Firms (AFPF).

Workers at Manchester-based Pareto Financial Planning have raised more than £1.2m for charity in the last nine years.

Investment provider Hargreaves Lansdown said today that no decision has been taken on whether under fire chair Deanna Oppenheimer will step down early, despite media reports suggesting she will leave soon.

Stockport-based financial adviser Denis William Armitt (FRN 402468) has had his permission to carry out any regulated activity revoked after failing to submit returns to the Financial Conduct Authority by the relevant date.

Investment and wealth management firm M&G has appointed LV’s protection managing director Clive Bolton as chief executive of its life insurance business.