The Financial Ombudsman Service (FOS) received 485 new complaints about wealth manager St James’s Place in the first half of 2024 - almost double the previous half year - despite total complaints for the pensions and investments sectors falling.

The Financial Services Compensation Scheme has declared in default Cornwall-based investment firm European American Capital Services Limited which traded as EA Capital (FRN: 401897).

The FCA has halted ISA business at crowd-funding platform Nextcrowd over concerns about potential “serious regulatory breaches.”

Fidelity has launched two new fixed income active exchange-traded funds (ETFs) to its sustainable active ETF range.

Over two thirds (69%) of Britons believe retiring in our sixties will become a thing of the past, according to new research.

Financial Planning and professional services firm Evelyn Partners saw assets under management and advice (AUM/A) rise 13% year-on-year to £62.7bn at 30 September.

Pensions minister Emma Reynolds today confirmed the government “is committed to the delivery of Pensions Dashboards” in a written statement to the House of Commons.

There was good news for the government today ahead of next week's Budget after the International Monetary Fund upgraded its UK GDP forecast for 2024 to 1.1%, up from 0.7% in July.

Financial Planners and advisers have very high confidence in the service they provide their clients but are much less impressed by some issues that are not in their immediate control.

Tatton Core Active remained the most recommended platform managed portfolio solution (MPS) in the third quarter of the year, gaining 15.97% of the top 10 share.