A Leicester woman has been sentenced to two years in prison after stealing a pensioner’s life savings after falsely promising to repay it when she inherited a £3.5m trust fund that did not exist.

The Financial Conduct Authority is to order "significantly" higher standards at some 'host' Authorised Fund Managers (AFMs) where it has identified weaknesses.

The Chartered Insurance Institute will hold its crunch AGM today at 3 pm as battle rages over whether its Personal Finance Society arm should be 'deregistered' and lose its separate company status.

Quilter Financial Planning chair Chris Samuel has been appointed a non-executive director of the main company’s board with effect from 1 July.

The Financial Services Compensation Scheme has declared 10 financial firms in default in April and May, including several financial advisers.

Google is to make it harder for non-FCA authorised firms to advertise financial products in the UK without advance verification.

The Chartered Insurance Institute is to launch a consultation with its 125,000 members on the future of its Personal Finance Society arm after barring a last-minute no-confidence motion at today’s AGM.

Acquisitive wealth management and Financial Planning firm Fairstone has acquired Belfast-based ASM Financial Planning with over £250m of funds under management.

Troubled wealth firm Dolfin Financial (UK) Ltd has entered into administration after having restrictions imposed by the Financial Conduct Authority (FCA) in March.

Wealth management and SIPP firm Mattioli Woods has completed its deal to acquire private equity firm and alternative asset manager Maven Capital Partners UK LLP.