Former Pensions Minister Steve Webb has urged the Treasury to scrap or relax rules which will limit people’s ability to ‘rebuild’ their pensions when the Coronavirus crisis ends.

The FCA has ruled out - at least for the time being - a complete ban on short selling as it works closely with international regulators to ensure that financial markets remain “open and orderly.”

The Chartered Insurance Institute and the Chartered Institute for Securities & Investment have cancelled exams in the wake of the Coronavirus pandemic.

Nick Cann CFP, the ex-CEO of the Institute of Financial Planning, has spoken movingly of his long-term battle to recover from a devastating stroke.

Wealth manager and Financial Planner Tilney has added to its growing team in Edinburgh with the hire of Barry Davidson as a Financial Planner.

The Government has launched its ‘Coronavirus Business Interruption Loan Scheme’ today with the offer of interest and fee-free government-backed loans of up to £5m to SMEs.

The FCA has written to companies about to publish preliminary financial statements to tell them to delay  publication. 

Wealth management trade body PIMFA is to hold weekly meetings with the FCA on how the Coronavirus epidemic is affecting members.

Crooks and scammers have been taking advantage of the Coronavirus epidemic to ramp up their fraud operations with a 400% increase in virus-related fraud in March.

Law firm Shearman & Sterling has applied for a judicial review into the FSCS’s handling of compensation for victims of the £236m London Capital & Finance mini-bond firm.