Express Gifts Ltd, a mail order and online business with permission to sell general insurance, has agreed a deal with the Financial Conduct Authority to provide £12.5m redress to approximately 330,000 customers who were sold insurance that offered “little or no value.”

The Association of British Insurers has today called for the tax relief crackdown on pension freedom users to be put on hold, adding its weight to the growing opposition to the MPAA changes.

Ascot Lloyd, the Financial Planning and wealth management firm, has recruited a former head of Paraplanning to a senior new role as head of advice where she will lead a strategic review of the company’s advice process.

A pensions campaign group has criticised the government’s “ongoing inaction” and branded the Pension Regulator as “utterly ineffective” in its response to UK government consultation on pension scams.

The Personal Finance Society has backed calls for the Government to remove the term ‘advice’ from all branding, marketing and communications associated with the formation of its new single public financial guidance body which will replace the Money Advice Service.

Unbiased has begun scoring advisers on how quickly they reply.

An executive director at The Pensions Regulator has called for pension transfers to SSAS to be banned.

Leading firms in the platform and pension sectors are urging Ministers to scrap changes to the money purchase annual allowance.

The new Bankhall Business Bureau has teamed up with Financial Planning business coach Michelle Hoskin, known as Little Miss Woww.

A financial adviser has been handed the maximum bankruptcy restriction order of 15 years.