The Financial Services Compensation Scheme (FSCS) has declared 13 firms in default during November and December including several wealth management and Financial Planning firms.

The FCA has issued a warning today about crypto asset-linked investment providers advertising or promising high returns.

The government plans to legislate for a major expansion of its Dormant Assets scheme to add selected insurance, investment and pension products.

Platform and SIPP provider AJ Bell will remove the VAT charge from its Managed Portfolio Service (MPS) from 1 October.

SIPP and SSAS provider Dentons has acquired Brown Shipley’s pension admin business and professional trustee company for an undisclosed sum. 

The Personal Finance Society is to step up its campaign for a second Financial Advice Market Review this year to tackle a potential worsening of the ‘advice gap.’

IntegraFin, the parent of platform provider Transact, has bought Financial Planning software firm Time4Advice for an undisclosed sum.

Adviser network Sesame Bankhall Group has given expanded roles to Richard Howells and Ross Liston as part of an exec reshuffle.

Foster Denovo Group, parent company of national advice firm Foster Denovo, has reported increased revenues of £21.2m in its audited financial results for 2019, up 8.2% year on year.

The Brexit agreement has left UK financial services firms effectively operating under a 'no-deal, hard-Brexit' scenario with continued uncertainty, consultancy firm Capco has warned.