The Financial Services Compensation Scheme (FSCS) has declares six financial firms in default.

SIPP provider Berkeley Burke has been ordered to pay almost £1m in costs to people left out of pocket after making high-risk unregulated investments which were accepted into the firm’s SIPPs. 

New statistics have shown a big increase in the number of elderly people living alone, prompting concerns from lawyers of an increase in elderly and vulnerable abuse cases.

Aegon has reported a sharp rise in platform assets in the first half to £140bn as it completed its integration with acquisition Cofunds.

London-based financial services firm Octopus Group has agreed a deal to acquire Seccl Technology Limited as it sets out to “disrupt the platform technology market that underpins retail financial services”.

Trade association PIMFA, which represents 1,000 investment managers and financial advisers, has slammed proposals for funding the Financial Ombudsman Service (FOS).

The National Pension Trust, part of XPS Pensions Group, has been granted master trust authorisation.

FTSE 350 DB pension scheme deficits have fallen by nearly a third and a growing number of firms approach the financial position required to buyout their liabilities, according to new research from Barnett Waddingham.

The FCA has issued a public censure today on a senior Barclays Wealth executive but dropped a move to partially ban him from the sector following an appeal.

New consumers research has found that Brexit fears have spurred people to save more but cut back on investing due to uncertainty.