Advisers have been warned this morning they face an extra FSCS levy next year as a result of rapidly growing claims related to Sipps.

An adviser is set to be banned and fined over his firm’s advice to 1,661 customers on making £112million of alternative investments.

Financial Planning firms are to be offered up to £9,600 if they take on an adviser apprentice.

A firm selling ‘alternative investment’ products, including ‘fancy coloured’ diamonds, to investors including a number of vulnerable people such as a dementia sufferer, has been ordered into liquidation.

The Association of Professional Financial Advisers has called for the FCA to act swiftly to strengthen rules on unregulated investments.

A Chartered Financial Planner who built his own cashflow modelling software, which now has 4,000 users, says cashflow modelling is not essential to Financial Planning.

Certified Financial Planners must undertake one hour extra of ethics CPD from April.

The number of people saving into workplace pensions has increased by 4.4 million since 2012, new figures showed.

A new DFM due diligence update event for Financial Planners and Paraplanners will take place in London tomorrow.

A pensions expert has called for urgent action to help the self-employed as figures showed a significant decline in saving over the past decade.