The number of people struggling to meet financial commitments has fallen by 3.5m since last year, according to new figures published today by the FCA.

The FCA is proposing to increase its minimum and flat rate fees, as well as application fees, by an average 8.75% which could mean Financial Planners facing an overall hike in charges of 4.9%.

Discretionary wealth manager Quilter Cheviot International has hired three Financial Planners to expand its Financial Planning proposition for international clients serviced by its Jersey office.

The Financial Services Compensation Scheme (FSCS) has declared Farnham, Hampshire-based Finsbury Financial Limited (FRN: 503294) as failed.

Adviser support network SimplyBiz has added Legal & General Investment Management’s (LGIM’s) model portfolio service to its risk-controlled investment solutions range.

Investment provider Abdrn is facing a fresh wave of scorn after its CIO claimed it was the victim of “corporate bullying” after it scrapped vowels from its name in a heavily-mocked rebrand.

Students from Anglia Ruskin University and Exeter University have won the CISI Educational Trust Global Awards 2024.

Life, pensions and investment company Royal London has changed its underwriting limits for HNWI, increasing limits in many cases.

The Financial Ombudsman Service (FOS) has increased its maximum award limit from £415,000 to £430,000.

Wealth manager St James’s Place will offer access to its financial adviser virtual reality empathy training to non-SJP trainees through two VR in-person sessions through the Chartered Insurance Institute (CII) in May and June.