Chancellor Rishi Sunak revealed today that the FCA will launch a regulatory ‘scale up box’ to build on its successful sandbox strategy which has helped dozens of start-up fintech firms get off the ground.

The Financial Ombudsman Service has appointed FCA executive Nausicaa Delfas as its interim chief executive and chief ombudsman following the departure of Caroline Wayman.

Mattioli Woods, the wealth manager and SIPP provider, is on the acquisition trail again this week with a £1.6m deal to buy Edinburgh wealth manager and Financial Planner Caledonia Asset Management.

Fund manager Vanguard has launched a restricted financial advice service for pension savers offering an “all-in” cost of 0.79% including the advice fee.

The Competition and Markets Authority has provisionally found that platform engine FNZ’s £150m purchase of rival GBST would raise “significant competition concerns” following a review of the deal.

London-based Chartered Financial Planning firm Partners Wealth Management (PWM) has recruited six new partners, including three Chartered Financial Planners.

STM Group, the international financial services provider which owns Carey Pensions, has delayed its 2020 results following discussions with its auditors after the recent shock Adams v Carey court judgment.

Hazel Bowen, chair of the Norfolk branch of the Personal Finance Society, has joined wealth manager and Financial Planning firm Tilney Smith & Williamson.

The Financial Conduct Authority has banned former Dickinsons Financial Management adviser Simon Varley from working in financial services and fined him £68,300 for “lacking honesty and integrity.”

Aviva’s UK savings and retirement head Lindsey Rix has left the provider to join Canada Life after less than a year and a half at the helm.