Financial Planners expect little impact from the Government’s plans to move England into tougher Coronavirus pandemic restrictions.

Savings and retirement provider Phoenix Group has recruited Anna Franekova as corporate development director to spearhead its acquisition strategy.

Treasury Committee MPs have questioned FCA CEO Nikhil Rathi over the regulator’s bonus scheme, fee rises and backlogs in firm authorisations.

US fintech SS&C Technologies Holdings is to acquire the UK B2B investment platform Hubwise Holdings for an undisclosed sum. 

Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.

The FCA has confirmed that the 45-year-old sterling LIBOR rate will be killed off at the end of the year.

Consumers facing financial difficulties due to being victims of economic or financial abuse will get more support in future, an industry trade body says.

LV= chairman Alan Cook is to step down after a £530m recommended deal by a US private equity firm to take over the mutual failed to win enough support from LV= members. 

The takeover of wealth manager Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.

Royal London confirmed today it was offering exclusive talks with fellow mutual LV= about a possible merger after a £530m bid by US private equity firm Bain Capital for LV= collapsed last week.