Simpler pension transfers took an average of just 10.8 days to complete as the industry moved out of the busy tax year end period and into early summer.

A Devon man who set up a Ponzi scheme that netted £1.3m has been found guilty of fraud, following a prosecution by the FCA.

The Band of England’s Monetary Policy Committee (MPC) voted by a majority of 5 - 4 to cut its base rate today from 4.25% to 4% in a widely expected move.

Financial Planner and professional services firm Progeny Group has added two new non-executive directors as it restructures its board as founder Neil Moles steps back.

Companies House will require directors and people with significant control of companies to verify their identities with the register from 18 November.

The Financial Ombudsman Service processed 68,000 new complaints between April and June 2025, a 9% fall year-on-year.

The latest  figures from fund manager trade body the Investment Association (IA) suggest that UK investors have split into two camps on the direction of markets - some investing to take advantage of recovery and others nervous about prospects.

The FCA has decided to no longer seek a £5.95m financial penalty against Nailesh Teraiya, formerly sole controller and chief executive of Indigo Global Partners Limited (Indigo).

One in ten (9.9%) of new savers opted out of pension contributions in the third quarter of the 2024-25 tax year, according to the latest statistics from the Department for Work & Pensions.

Direct platform assets grew 8.2% to a new record of £441bn in the second quarter, according to analysts Fundscape.