Manchester-based alternative investment manager MCI Global Investment Advisors Limited (FRN: 948996) has been declared in default today after 58 claims were received against the firm which went into liquidation in October.
The Financial Conduct Authority has rejected most of the criticism by the Complaints Commissioner of its handling of a mini-bond firm's failure.
Mutual Royal London is to share £199m in profits with eligible customers in April after reporting a strong set of results today.
There are now 5,070 confirmed ISA millionaires and an additional 2,770 investors sitting on pots of between £900,000-£999,999, according to HMRC.
Milton Keynes-based financial adviser Chancery Partnership Ltd (FRN: 210093) has been declared in default by the Financial Services Compensation Scheme (FSCS) over 20 years after it lost regulatory authorisation.
Chartered Financial Planning firm Craven Street Wealth has appointed Caroline Hawkesley as its new managing director.
Net flows rose 6% for Aviva’s wealth division to £10.9bn in 2025, according to the firm’s annual results.
Acquisitive Swedish wealth manager Söderberg & Partners has taken substantial stakes in three more Financial Planning firms, pushing up its acquisitions so far this year to four.
One in four Britons (26%) do not know how - or where - they could access trustworthy financial advice if they needed it, according to new research from pollsters Opinium.
The Succession Alliance, a new taskforce created by the Consumer Duty Alliance, has been launched with a focus on improving exit outcomes across the Financial Planning profession.
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