Senior executives from accountancy firm Beavis Morgan and general insurance firm Jelf have teamed up to launch a new Bristol-based Financial Planning business with plans to acquire adviser firms.

Chancellor Rishi Sunak has extended the furlough scheme until the end of March, with the government paying up to 80% of wages.

The Competition and Markets Authority has ordered platform engine provider FNZ to sell rival and takeover target GBST over fears that millions of UK pension savers and investors could face worse service and higher prices.

The Financial Conduct Authority has banned 3 financial advisers from working in financial services indefinitely - including one in jail for sexual assault - following findings of misconduct.

Responsible investment funds saw net retail sales of £7.1bn for the year-to-date, up from £1.9bn for the first three quarters of 2019.

The Coronavirus pandemic has changed the savings habits of UK individuals with 40% now putting money aside, according to a new report.

The Bank of England has released another £150bn of quantitative easing (QE) to help prop up the economy as it enters a second national lockdown today.

The new chief executive of the Financial Conduct Authority (FCA) Nikhil Rathi has said it will take two or three years to address the rising costs of the Financial Services Compensation (FSCS) scheme levy.

Up and coming adviser platform Wealthtime says it will consider its own acquisitions following the completion of its takeover by European private equity firm AnaCap Financial Partners.

Over a third of people set to retire in 2020 are still financially supporting family members, according to new research.