GWM Financial Planning has changed its name to Skybound Wealth Management following its acquisition by Skybound Capital in April.

Two men - Paul Seakens and Luke Ryan - have been convicted of a £2m carbon credit investment fraud after a BBC TV probe and an eight year investigation by City of London Police. 

The FCA has today launched plans for a new ‘Consumer Duty’ for regulated firms which will set a "higher level" of protection for consumers buying retail finance products and services.

Bill Vasilieff, CEO of £9bn platform Novia, will exit in June following the takeover of the business by private equity firm AnaCap Financial Partners.

The Hubwise platform and fintech moneyinfo have signed a deal to provide automatic delivery of Hubwise platform reports to advisers’ clients.

The Pensions Dashboard Programme (PDP), the long-awaited planned online location for pension saver’s retirement details, has appointed a programme director as it moves ahead with its plans.

Standard Life Aberdeen has hired Brooks Macdonald CEO Caroline Connellan to be the new chief executive of its personal wealth division which includes Financial Planning business 1825.

The FCA will seek to ban failed financial services firms from working with Claims Management Companies (CMCs) to target former clients.

The Personal Finance Society says it has received up to 40 complaints in 1 week about CMC ‘phoenixing.’

Andy Bell, CEO of platform and SIPP firm AJ Bell, has warned that proposed new anti-scam rules on pension transfers risk undermining thousands of legitimate transfers.