The Financial Services Compensation Scheme has declared five pension advice firms as failed this week - four of them for pension transfer advice complaints.

HMRC has named five tax avoidance schemes, including three promoted by AML Tax (UK) Limited.

The latest FCA data has revealed that 300 newly-authorised firms failed to survive their first year and nearly 3,000 firms did not make it to their fifth year.

Wealth manager Charles Stanley has bolstered its Financial Planning arm with four senior hires, allowing it to develop its regional footprint.

Fintech Altus is to rebrand as Equisoft following its takeover by the global financial services software firm Equisoft.

The FCA is to launch a comprehensive thematic review of retirement income advice.

Nearly nine in 10 (85%) financial advisers are worried about the damage to their businesses from rising costs and 26% plan to raise fees to cope, according to a new survey.

The Financial Conduct Authority should pay compensation to individuals when it makes regulatory blunders, the Transparency Task Force (TTF) has recommended.

The FCA has warned that scammers may be targeting victims of the collapsed SIPP and SSAS provider Hartley Pensions.

Financial Planning software firm Dynamic Planner has tied up up a deal which will see its system used by Quilter Financial Planning advisers.