The Association of Investment Companies (AIC) - the trade body for the investment company sector - has renamed three of its sectors following a review.

The FCA has warned that scammers have tried to clone the FCA website and are also regularly using fake emails to target regulated firms.

The consumer complaints body the Financial Ombudsman Service is to increase its maximum compensation award from £375,000 to £415,00 from 1 April.

Fund manager Marlborough has launched an investment platform for financial advisers and their clients with an annual charge of 0.2%.

Investment research provider Morningstar has announced the winners of its UK 2023 Morningstar Awards for Investing Excellence which recognise long term performance.

The CII has awarded Corporate Chartered Status to six Financial Planning and insurance firms during the first two months of this year.

Provider Legal & General has become one of the first corporate members of the new independent professional body, the Consumer Duty Alliance (CDA).

UK pension schemes are making progress towards net zero alignment but a majority say there are still obstacles the government could remove to assist their work to address climate risk.

The Financial Conduct Authority has appointed Therese Chambers and Steve Smart as joint executive directors of enforcement and market oversight in a move to strengthen its enforcement team. 

The Financial Services Compensation Scheme has declared in default Stoke-on-Trent adviser firm Osborn Wealth Management Ltd (formerly Pace Ward Financial Ltd) (FRN: 232576).