A 46-year-old man has appeared in court in London today charged in connection with a £19m unauthorised investment scheme.

Adviser network and support firm Sesame Bankhall Group has added Holloway Friendly to the protection panels of its Sesame Network and PMS Mortgage Club.

The UK’s high earners are facing a retirement shock with less than a third on track for a financially comfortable lifestyle when they retire, according to new research.

Financial Planning Week 2024, the CISI’s annual consumer-focused campaign to promote the benefits of professional financial advice, has been launched today.

Data and research provider Defaqto, which provides the Engage Financial Planning software system, has added star and diamond ratings for AIM and unlisted business relief (BR) services to its product ratings. 

The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.

Nearly one in four UK adults (23%) say they would never seek financial advice, even if it was free.

Major Swedish wealth manager Söderberg & Partners has taken a “significant” minority stake in expanding Bath-based Chartered Financial Planner Fidelius as it continues its UK expansion drive.

The Financial Services Compensation Scheme (FSCS) has declared South Wales-based Niche Independent Financial Advisers Ltd (FRN: 472635) as failed.

Almost two in three (61.5%) of SimplyBiz advisers are positive about the outlook for the sector in 2024, according to the network’s annual survey.