The Financial Planning profession has paid tribute to The Queen who died yesterday at 96 at her summer home in Balmoral, Scotland.

Pension transfer adviser Better Retirement Group Ltd, a firm which has used nearly 40 trading names, has today been placed under investigation by the Financial Services Compensation Scheme.

Wealth manager and Financial Planner Evelyn Partners has hired Sam Whatsize as a Financial Planner to spur the firm’s continued expansion in the East Midlands.  

The cost of living crisis has resulted in half of 18–34 year olds reducing or halting regular savings, according to a new survey.

Adviser platform Parmenion is to acquire Chartered Planner-run investment firm EBI Portfolios for an undisclosed sum.  

Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.

The FCA has rejected calls from MPs on the influential Treasury Committee to make financial inclusion a key part of regulation.

The Financial Ombudsman Service has issued a rare warning about a surge in investment scams over the past year, with half involving cryptocurrency cons.

Chris Hill, CEO of Hargreaves Lansdown, has taken a pay cut as part of the investment and platform provider’s new remuneration policy.

The Personal Finance Society has added accreditation from the Society of Later Life Advisers (SOLLA) as counting towards achieving PFS Fellowship status.