The Serious Fraud Office has secured an increased confiscation order against former stockbroker and convicted Ponzi scheme fraudster Nicholas Levene.

Platform assets administration at investment platform AJ Bell rose 17% to £55.2bn in 2020, according to its annual results released today.

Wealth manager and pensions firm Mattioli Woods has taken a stake in Tiller Group, a financial technology (fintech) company which closed its robo advice arm in 2019.

The FCA has revealed that 50% of authorised firms previously using the Gabriel data reporting system have moved across to the regulator’s new RegData data collection system.

Fund manager Jupiter has reshuffled its sustainable investing team in a move which sees the exit of 20 year Jupiter veteran Charlie Thomas for a new role outside the company.

Only 20% of financial services professionals are confident that their firms are committed to ethical finance policies and ESG principles.

CPI inflation doubled in December to 0.6% from 0.3% the previous month.

Over eight in ten financial advisers would recommend careers in their profession to a friend who has been made redundant due to the Coronavirus pandemic, according to a new poll.

Financial Planner-formed managed portfolio provider IronBright Investment Management has launched its own investment platform.

The Serious Fraud Office has secured a £163,350 increase in the confiscated amount awarded against boiler room fraudster David Vidgeon, bringing the total confiscation amount to £269,899 over ten years after he was convicted.