Consumer complaints received by the Financial Ombudsman Service in its 2023/24 year rose by 20% year on year to reach nearly 200,000, the FOS said today. 

There is a sharp age divide in how positive people are feeling about their long-term Financial Planning following the general election, according to new research.

The spat between national Financial Planner Tavistock and its former wealth manager Titan has worsened with Tavistock instigating legal action agains Titan.

Acquisitive South Coast-based wealth manager and financial adviser Skerritts has made its second acquisition this week with the purchase of London-based Black Swan Financial Planning.

The FCA has published rules for a simplified listings regime in its biggest shake-up in over three decades to support a wider range of financial services firms to issue their shares on a UK exchange.

Yorkshire-based private investment office and wealth manager Traditum has invested in Method Asset Management, an IFA founded by former professional rugby player Jonnie Whittle CFP.

Two thirds (63%) of over-55s who plan to return to paid work have failed to check the potential tax implications of doing so, according to a new report.

The number of non-domiciled taxpayers in the UK climbed 7% in 2023 and they paid £8.9bn in tax, according to the latest HMRC figures for 2023.

Labour MP Emma Reynolds has been appointed as the new Pensions Minister in a joint ministerial role working across both the Treasury and the Department for Work and Pensions (DWP).

The FCA is to consult on introducing compulsory criminal background checks on firm owners and controllers applying for authorisation from January 2025.