Openwork, one of the UK’s biggest financial advisory networks, has appointed Carrier Morris from AXA to be its new chief people officer.

The Association of British Insurers (ABI) has launched a beta version of an online calculator, which works out consumers’ likely financial entitlements if they are unable to work due to illness or injury.

 FCA chief executive Andrew Bailey has delivered a keynote speech on the ‘wealth of diversity’ - urging more organisations to follow the FCA’s lead in increasing representation of women and minorities.

The Financial Ombudsman Service (FOS) has reported it took on close to 93,000 new complaints in the period October-December.

Wealth manager and Financial Planning firm Tilney has recruited Chris Moore from Smith & Williamson as an associate investment director.

Research into retirement preferences among over-50s has revealed that many have a fear of missing out (‘FOMO’) when they finally stop working and many favour a phased retirement approach as a result.

The FCA has warned about the growing threat of investment scams as it revealed £197m of fraudulent losses were reported last year.

The financial services profession’s confidence in the UK’s economic prospects has fallen to its lowest level since 2012, according to the latest survey by the Chartered Institute for Securities & Investment (CISI).

Manraj Virdee, the director of a firm running an illegal unauthorised investment scheme (UCIS), has been given a two year suspended prison sentence following a case brought by the FCA.

DD|hub, a new free-to-use service to help financial advisers with DFM due diligence, has launched today.