A Financial Planning firm is celebrating its two-year anniversary and has hired a new Paraplanner to expand its team. 

The Financial Services Compensation Scheme (FSCS) has stepped in to protect members of Dial-A-Cab, which has stopped trading and is now in default.

Fast expanding SIPP provider Curtis Banks is to see a major management change next year as deputy chief executive Will Self steps up as CEO while current CEO Rupert Curtis will step aside but remain in “an active role” as Founder and Senior Adviser.

The FCA and CII have launched a reassessment test of the level 4 Diploma in Financial Planning for advisers.

The FCA has appointed a new director of competition.

Man GLG, Man Group’s discretionary investment management business has bought Sanlam’s Strategic Bond business to Man GLG for an undisclosed fee.

Fears that the Pensions Dashboard plans have been shelved by the Government were allayed after Secretary of State for Work and Pensions, Esther McVey, appeared this week to back the scheme.

AFH, the Midlands-based Financial Planning-led wealth manager, has bought Bedfordshire IFA firm Ashton House for £2.6m.

In a case brought by the Financial Conduct Authority (FCA), five individuals have been sentenced to a total of 17 and a half years’ imprisonment for their roles in a share fraud carried out through a series of boiler room companies, which led to the loss of more than £2.8m of investors’ money.

The Chartered Insurance Institute (CII) has confirmed plans to relocate its City headquarters later this month.