Four trustees of a master trust, who failed to promptly invest members’ savings for three years, affecting 9,081 members and contributions of £1.4 million, have been fined by The Pensions Regulator (TPR).

The FCA and The Pensions Regulator have today launched a joint regulatory strategy aimed at taking joint action to deliver better outcomes for pension consumers.

UK CPI inflation fell more than expected in September after hitting a six-month high in August, new figures have revealed.

The FCA says it is increasingly discussing misconduct, including sexual harassment, with firms.

A police investigation into the collapse of an asset management firm has been called a “wake-up call” by lawyers.

Chancellor of the Exchequer Philip Hammond has made a pledge to investment professionals that the “ecosystem of prosperity” would be retained after Brexit.

PIMFA, the wealth management and financial advice trade association, has voiced concerns about plans to increase the maximum compensation the Financial Ombudsman Service can demand a financial services firm pays out to £350,000. 

AFH is looking to raise £15m to fund the acquisition of more IFA firms.

The FCA has today confirmed plans to extend access to the Financial Ombudsman Service to more small and medium-sized enterprises.

Chartered Financial Planner HFMC Wealth has bought Generic Financial Management in a deal worth up to £3m.