Bestinvest’s bi-annual Spot the Dog report, which names and shames poorly performing funds, has revealed that investors are paying £115m in fees a year to invest in 31 ‘dog’ funds.

Nottingham Financial Planning firm George Square Financial Management is celebrating 10 years of providing financial advice to clients across the Midlands.

Hargreaves Lansdown has recruited Richard Caldicott from M&G Wealth to lead its expanding financial advice offering.

The FCA has appointed Home Office director Ruairi O’Connell to be its new director of international as it continues its recruitment drive.

The CISI’s annual Financial Planning Conference, one of the biggest events in the Financial Planning calendar, will take place this year on 6 October in Liverpool.

Financial Planner Evelyn Partners has recruited a new Financial Planner for expansion in the South East.

The Complaints Commissioner, which investigates complaints against the FCA, has issued a ruling clarifying that the regulator has no responsibility beyond regulated companies.

Full year pre-tax profits slumped by 26% to £269.2m at investment and platform provider Hargreaves Lansdown as the company was hit by economic headwinds.

The Bank of England today raised its base rate by 50 basis points from 1.25% to 1.75%.

Capital Gains Tax (CGT) receipts rose 43% to £14.3bn for the 2020/21 tax year, according to data from HMRC this morning.