The High Court has ruled in favour of the FCA against the director of a company which ran an illegal care home unauthorised collective investment scheme (UCIS).

The best-performing investment sector for the first half of 2023 was the Technology & Technology Innovation TR sector which showed an overall rise of 24.83%, according to data from FE Analytics.

Investment and wealth manager Quilter Cheviot is to offer training to financial advisers on how to spot and deal with ‘greenwashing’ - unrealistic and incorrect claims about the green credentials of investments.

FCA proposals to align rules for fund managers and discretionary investment managers pose a “material threat” to managed portfolio services, according to wealth management trade association PIMFA.