The Financial Services Compensation Scheme has cut its 2023/24 levy for the Life Distribution & Investment Intermediation class - which includes financial advisers -by £4.4m.

Quilter is cutting platform charges for new customers from June and existing customers in Q3 - and introducing tiered adviser charging.

FCA proposals to align rules for fund managers and discretionary investment managers pose a “material threat” to managed portfolio services, according to wealth management trade association PIMFA.

Platform and SIPP provider AJ Bell has reported a 37% rise in revenue to £103.6m for its half year ended 31 March, in figures out today.

The Financial Services Compensation Scheme is probing two overseas-based adviser firms which used used EU 'passporting' rules to advise UK clients on pension transfers.

Industry experts have cautioned clients to avoid assuming that the inflation spike is over following news this morning of a significant drop in CPI inflation in April.

Financial advisers are fuelling an increase in the popularity of annuities, according to a new report.

Fraudster Jonathan Allard has been given a prison sentence of over seven years for his role in a complex investment scam.

Group operating profit rose 36% to £8.7m at Financial Planner and wealth manager Kingswood in 2022, according to a trading update this morning.

CPI inflation has dropped significantly from 10.1% in March to 8.7% in April, latest figures from ONS released today show.