The latest complaints data published by the Financial Conduct Authority shows that financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014. Read more ...

The Institute of Financial Planning has opened for entries its prestigious David Norton "Building Excellence" award. Read more ...

Defaqto chairman Patrick Gale is to leave the company following a £27.6m MBO of the business funded in part by Synova Capital LLP, which hopes to double the company in size after taking a majority stake. Read more ...

FCA chief executive Martin Wheatley has voiced concerns about abuses of Power of Attorney potentially "spiralling" out of control and adversely affecting vulnerable clients. Read more ...

Sesame Bankhall Group has axed its wealth management arm for advisory firms which will result in all its investment advice firm members having to become directly authorised or choosing to become appointed representatives elsewhere. Read more ...

Coutts International, the overseas arm of the private bank, has been sold by Royal Bank of Scotland today. Read more ...

A slew of job appointments have been made by Aviva after the proposed takeover of Friends Life won the backing of shareholders. Read more ...

The Financial Services Consumer Panel has called on the FCA to take urgent action to protect consumers who buy their retirement products through 'non-advice' sales.

An ex-Financial Planning manager has been sent to jail and ordered to pay tens of thousands of pounds in costs for insider dealing. Read more ...

The Financial Conduct Authority is proposing a pensions dashboard allowing consumers to see all their pension pots in one place, following a study on retirement income it carried out last year. Read more ...