The Personal Finance Society (PFS) has appointed Carla Brown as the professional body’s new president.

High net worth individual confidence in the UK economy has risen since the arrival of the new Government, according to a new report.

Fund manager Schroders has launched the UK’s first long-term asset fund (LTAF) designed to be used by financial advisers and wealth managers.

The Financial Conduct Authority is changing its enforcement approach as it aims to act faster and with more transparency.

There was a record high in demand for annuities from advisers in the first half of the year, according to figures published today by pensions technology provider iPipeline.

DWP minister Sir Stephen Timms has urged the development of a roadmap towards an increase in the current 8% minimum contribution to auto-enrolment pensions.

The FCA’s anti money-laundering department has urged professional bodies to improve their anti-money laundering efforts after it reported ineffective supervision.

Long-established London Financial Planning firm Strabens Hall Limited (FRN 461795) has gone into administration with clients transferred to a rival business and staff transferred to a connected business.

Platform and investment manager 7IM has added new tools and functionality to its platform following feedback from advisers and clients.

FCA chair Ashley Alder has been cleared of wrongdoing against two whistleblowers who alleged he had failed to keep their names confidential.