New direct investment by consumers fuelled a surge in net ISA sales in 2020 to £5.6bn - up 77.3% on 2019’s £3.2bn, according to a new report.

Bank of England Governor Andrew Bailey, former CEO of the FCA, is due to be grilled today by MPs about regulation of the £236m failed mini-bond firm London Capital & Finance. 

London-based Financial Planning firm Saunderson House is to cut about 25 jobs as the pandemic forces the firm to cut costs.

The Financial Conduct Authority received 238,711 malicious and unsolicited emails in one three month period in 2020, according to a Freedom of Information request.

Embark Group has appointed Sara Wilson as its new head of platform proposition after she recently transferred from Alliance Trust Savings (ATS).

Long-standing equity release provider Hodge is to exit the equity release and annuity markets by selling Hodge Life Assurance Company to a US firm.

The Government has rejected proposed flexibilities for the NHS Pension Scheme and addressed age discrimination issues within the scheme.

Critchleys Financial Planning has launched a free online course to help millennials and younger people manage their money better.

The Bank of England’s Monetary Policy Committee has held interest rates at 0.1%.

Cohabiting unmarried couples are in danger of overpaying tax by thousands of pounds, a Chartered Financial Planner has warned.