The Financial Services Compensation Scheme (FSCS) declared 11 firms in default in March, including several wealth managers and IFA firms.

Acquisitive Chartered Financial Planning firm Fairstone has acquired Dundee-based Findlay & Company Financial Services, its third acquisition this year.

Advised net inflows held steady at £0.9bn for investment platform AJ Bell for the quarter ending 31 March, as advised customers rose 14%.

A new Treasury Committee report on the future of green finance has called on the government and the Financial Conduct Authority (FCA) to consider climate labelling for financial products to tackle “greenwashing”.

Half of consumers aged 55-74 now expect any property they own to be taken into consideration by their adviser when retirement planning, according to new research.

Feeling financially confident is no substitute for the benefits of financial advice, according to new research.

Government plans to increase the age that savers can first access their pensions from 55 to 57 risk creating a “retirement lottery”, according to investment platform AJ Bell.

Financial Planning firm Continuum has reported 25% growth in new business in the quarter ending 31 March and has added eight new advisers.

In the past 12 months, since the first lockdown, over a quarter (26%) of adults have written their will or taken action to update an existing will or get advice on wills.

The FCA has appointed Sacha Sadan, currently director of investment stewardship at LGIM, as its new director of Environment Social and Governance (ESG).