The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.

The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium has moved a step closer today as the scheme of arrangement was officially confirmed.

Only just over 1 in 10 (13%) of cryptoasset authorisation applications were approved by the FCA in 2023-24, according to the regulator’s annual report.

The FCA doubled the number of firm authorisations it cancelled in the 2023-24 financial year.

FCA CEO Nikhil Rathi received a 3.3% increase in his total remuneration in 2023/34 - in line with salary increases for many FCA staff, according to the FCA's Annual Report.

A deal to sell off failed IFA Nexus Independent Financial Advisers (FRN 584769) of Fareham, Hants, has taken far longer than expected and the sale price has been cut substantially.

Wealth manager and Financial Planner Quilter has acquired app-based fintech NuWealth to open up new opportunities in hybrid digital advice.

The Personal Finance Society is to launch a new podcast mini-series to open up the conversation about how to succeed as a female adviser.

Financial Planning firm owners see a clear generational divide between themselves and younger advisers on technology and social media, according to a new report from adviser platform Wealthtime.

Chancellor Rachel Reeves is set to scrap plans to introduce a British ISA, according to widespread reports first circulated in the Financial Times.