The FCA, Prudential Regulation Authority and the Bank of England have jointly published plans to develop new requirements for regulated firms to ‘strengthen’ operational resilience in the financial services sector.

A total of 546 firms have admitted to errors in their MiFID II transaction reporting to the FCA since the new requirements began just under two years ago, according to a study out today.

Fund manager M&G has temporarily suspended dealing in its M&G Property Portfolio Fund and feeder fund after a sharp rise in investor withdrawals.

In the first three and a half years since the Pension Freedoms were introduced in 2015 more than 230,000 members of Defined Benefit schemes have received guidance from a financial adviser.

Dutch-owned Aegon is to scrap its Scottish-based fund manager brand Kames Capital in a move towards what it calls a ‘globally-integrated’ model.

Vanguard has launched the Vanguard Emerging Markets Bond Fund, an actively managed Ucits fund.

The Society of Mortgage Professionals has been relaunched with a new cross-sector board of experts to represent the mortgage profession, including PFS chief executive Keith Richards.

The Association of Investment Companies is to will rename its Utilities sector the Infrastructure Securities sector from 16 December.

More than 100 Financial Planners and Paraplanners have become the latest graduates from wealth manager St James’s Place’s training academy.

SIPP and SSAS specialist Talbot and Muir has acquired Leeds-based SIPP and SSAS admin business The Pensions Partnership Limited from Group IFA for an undisclosed sum.