Discretionary Fund Manager Seven Investment Management (7IM) has launched a cautious portfolio within its passive model portfolio service (MPS).

Rapidly expanding Financial Planning-focused advisory group Independent Wealth Partners (IWP) has acquired Southport-based Chartered Financial Planning firm Premier Wealth Management.

A survey by three leading professional bodies has revealed that over 1 in 3 finance professionals considered themselves to be vulnerable during the past 12 months.

The Financial Services Compensation Scheme has this week written to 1,000 London Capital & Finance (LCF) victims offering compensation from a government-funded scheme.

The FCA has given its senior managers more powers to make regulatory decisions to ensure action to prevent consumer harm is taken quicker. 

Two men behind an Essex firm which took £800,000 from investors who thought they were investing in an ethical 'water' bond have been banned as directors for 11 years.

The FCA has barred IFA firm Frensham Wealth of Surrey from carrying out any regulated activities following the conviction of director Jon Frensham (formerly known as Jonathan James Hunt) for a child sex offence.

Platform and SIPP provider AJ Bell has unveiled plans to launch an app-based investment platform called Dodl which will offer an annual charge of 0.15%.

The Government has confirmed that the basic State Pension will rise by 3.1% from April to £141.85 with the full state Pension increasing to £185.15.

An ambassador for Gambia has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR).