Veteran investor Warren Buffett will step down as chief executive of Berkshire Hathaway at the end of the year, after more than 60 years at the helm of the US conglomerate.

Pension providers have been urged to find out more about post-retirement spending as new research suggests homeowners’ and renters’ drawdown habits are very different.

The FCA has appointed four new non-executive directors to its board as well as extending Richard Lloyd’s second term as a non-executive director on the board.

Fund rating agency RSMR has announced new fund ratings for 24 funds, which it said are a mixture of active and passive funds and two multi-asset fund ranges.

The FCA is seeking views on the future regulation of specific cryptoasset activities, ahead of legislation to bring them within regulation.

Financial Planning network Rosemount Financial Solutions has accused the Financial Ombudsman Service of damaging advice firms by acting as a “quasi-regulator.”

Bath-based Chartered Financial Planner Fidelius has acquired a non-controlling holding in Vobis Ltd, a London Financial Planning business specialising in high-net-worth clients.

Over £280bn is sitting in UK bank accounts earning no interest, according to data released today by the Bank of England.

Protection, investment and pensions provider LV= paid out close to £137m in personal protection claims in 2024.

Investment manager 7IM has appointed Nick Allen as chief integration officer to onboard future acquisitions as it continues to look towards inorganic growth.