The search is on for the next chair of the FCA after the regulator confirmed that current chair Charles Randell will hand over to interim chair Richard Lloyd from 1 June.

Investors added £43.4bn to retail funds in 2021, the second best year on record, despite the pandemic.

Royal London confirmed this morning that it was in “exploratory” takeover talks with rival mutual LV=.

Acquisitive Financial Planning group Kingswood has acquired Essex-based IFA Joseph R Lamb for £15.3m as its buying spree continues.

Adviser fintech and ratings firm Defaqto has unveiled a new Diamond rating service for investment trusts.

New FCA data has revealed that misleading financial promotions by authorised firms more than doubled from 207 in 2020 to 564 in 2021.

Momentum Global Investment Management (MGIM) is to add a sustainable managed portfolio service to its MPS range.

Asset manager Jupiter has launched a Global Ecology Bond fund as it expands its ESG range.

Over a quarter of married couples have household wealth of over £1m, according to the Office for National Statistics.

The Bank of England has increased its base rate from 0.25% to 0.5% today as it looks to battle rising inflation.