The Financial Conduct Authority has halted business at 627 regulated firms in the past year to prevent consumer harm - 30% more than the previous year, according to its annual report and accounts

Five firms - including platform and investment provider Hargreaves Lansdown - have achieved Corporate Chartered status from the CII in the latest quarter.

The Financial Conduct Authority will make its Digital Sandbox fintech initiative permanent from 1 August and open it up to all firms.

Quilter has introduced three new features to its platform to support potentially vulnerable customers.

Annuity rates increased by 20% in the 12 months to June, according to a new report.

The legal changes required for the extension of pensions auto-enrolment have been pushed back until September.

Total advised customer numbers for platform and SIPP provider AJ Bell rose 10% year-on-year to 156,368 for the quarter ending 30 June.

The Government is threatening to remove the ability to inherit an untouched pension pot tax free into a drawdown account if the deceased is under 75.

The FCA has launched criminal proceedings against Daniel Pugh over a £1.3m unauthorised investment scheme.

The Competition and Markets Authority is to investigate the merger between platform Nucleus and SIPP provider Curtis Banks.