The Financial Ombudsman Service is to reform the organisation to provide a better service to customers.

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The Information Commissioner’s Office (ICO) has punished four firms for making nearly 350,000 illegal pension cold calls since the ban on cold calling was instigated in 2019.

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The FCA has unveiled a package of measures to boost the number of listed companies and IPOs in the UK.

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Investment manager Abrdn has confirmed plans to buy direct to consumer financial platform Interactive Investor for £1.49bn.

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The FCA has issued a warning to consumers about credit broker Grosvenor Associates Ltd which may have been one of a number of credit brokers offering unauthorised investments to clients.

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Chartered Financial Planning firm The RU Group is celebrating six consecutive years as a Chartered Financial Planning firm. 

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Paul Groden Chartered FCSI, the new Jersey branch President for the Chartered Institute for Securities & Investment (CISI), is to focus on financial education and inclusion during his term in office. 

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The FCA is consulting on plans to significantly strengthen regulation of appointed representatives (ARs) after analysis showed firms employing appointed reps suffered four times as many complaints as firms not using appointed reps. 

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Practitioners say that overall the FCA handled the pandemic well, according to an independent survey.

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Financial Planning and investment group Tavistock has reported a surge in first half profits thanks to the sale of its investment arm, Tavistock Wealth Limited, to Titan Wealth in August for an initial sum of £20m.

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