Terry Smith’s popular Fundsmith Equity fund was the most recommended investment by financial advisers in January and February, according to figures from AJ Bell’s platform.

Financial scammers are returning to using phone calls to target landline users despite the fact pensions cold calling has recently been banned, HMRC has warned.

A significant number of investors under 45 - including those receiving money from inheritance - want their investments to benefit society and not just themselves.

Wealth planner and investment firm Brown Shipley has recruited Nick Cringle from Arbuthnot Latham for the newly-created role of regional head, North West.

Three in five 16-54 year olds (61%) have admitted that their nominated beneficiary or expression of wish form connected to their pension is out of date or they do not know the true position, according to new research.

The Chartered Institute for Securities and Investment is to relaunch its Certified Financial Planner designation with a new pathway which will move the qualification up from Level 6 to Level 7.

The High Court has sentenced a man involved in four Unauthorised Collective Investment Schemes (UCIS) which lost investors £15m to six months in prison after he diverted assets which could have been used to repay investors.

The new single financial guidance body, which will bring together three consumer advice organisations, is to be called the Money and Pensions Service (MAPS).

John Glen MP, Economic Secretary to the Treasury, has appointed consumer champion Richard Lloyd to the FCA board among a number of board appointments announced today.

Xafinity SIPP and SSAS has cut fees on its SimplySIPP product and upgraded technology for advisers.