The Financial Services Compensation Scheme declared five regulated firms in default in June and July.
Profits for Abrdn’s advice arm rose 75% year-on-year in the first half of 2022 despite significant losses in the parent business.
Leicester-based Financial Planning firm Trust Financial Planning has become the latest to be hit by clone scammers producing a fake replica of the firm's website.
Will Self, the CEO of major SIPP provider Curtis Banks, has left the company with immediate effect.
The Financial Services Compensation Scheme is set to close the London Capital & Finance (LCF) scheme it set up to provide redress to victims of the firm’s collapse.
UK retail investors withdrew £4.5bn from open-ended funds in June, the highest monthly outflow of the year so far, according to the latest data from the Investment Association.
Investment provider TEAM has acquired Financial Planning firm Concentric Group and IFA Omega Financial Services, both based in Jersey.
The number of annual pension transfers has risen by 64% since 2018, according to a new report.
Bestinvest’s bi-annual Spot the Dog report, which names and shames poorly performing funds, has revealed that investors are paying £115m in fees a year to invest in 31 ‘dog’ funds.
Nottingham Financial Planning firm George Square Financial Management is celebrating 10 years of providing financial advice to clients across the Midlands.
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