A director at Aegon has blasted today’s revelation that advisers will have to pay £175m in levy payments to the FSCS as “unfair”.

Administrators have been appointed at mini-bond and ISA firm London Capital & Finance (LCF), which has 14,000 bondholders with holdings totalling £236m.

Acquisitive wealth manager Kingswood has bought Oxfordshire IFA firm Thomas & Co in a deal worth up to £3.3m.

The Financial Conduct Authority has warned that firms subject to MIFID II reporting rules should begin preparing now for the consequences of a ‘no-deal’ Brexit as the prospect of EU withdrawal without agreement becomes more likely.

Pension tax relief has soared by 40% in the last five years to £25.6bn and may be cut back, a Chartered Financial Planner fears.

The latest edition of NS&I’s Financial Advice Barometer showed that security remained the top priority for advisers’ clients.

The Pensions Regulator has forced NOW: Pensions to revamp its admin system after pension contributions from 265,000 savers were neglected or delayed.

Chartered Financial Planner firm Prest Financial Planning of Stockport is continuing its expansion with two significant new appointments.

A record percentage of self-assessment taxpayers completed their returns by the deadline.

A Yorkshire-based wealth management firm Leodis Wealth has appointed a new chief executive and promoted a new member to its board of directors.