Data from the UK financial trade body UK Finance has revealed that a total of £503.4 million was stolen by criminals through authorised and unauthorised fraud in the first six months of 2018.

AFH, the wealth manager and Financial Planning firm led by a Chartered Financial Planner, has acquired the client portfolios of the Colwyn Bay office from the administrators of Beaufort Asset Clearing Services Limited and the joint administrators of Beaufort Securities Limited.

Financial provider VitalityLife has launched a risk tool which it believe will help financial advisers discuss with clients the possibility of dying before retirement.

Platform and SIPP firm AJ Bell has called for annual platform charges to be disclosed in pounds and pence.

UK wealth manager and Financial Planning group Tilney has appointed Duncan Budd as a Financial Planner for its City office.

Manchester-based Pareto Financial Planning has boosted its team of advisers with the appointment a new Chartered Financial Planner.

AFH, the rapidly growing wealth manager founded and run by a Chartered Financial Planner, has made its 14th acquisition of 2018, expanding the group’s presence in Wiltshire and the South.

The FCA has imposed a reduced fine of £60,000 on Alistair Rae Burns and made an order banning him from performing any senior management function in financial services.

Adviser network operator Sesame Bankhall has made a number of senior management changes which will see Mark Graves, managing director at Sesame Network and PMS Mortgage Club, exit the business.

A new independent report commissioned by the Association of British Insurers has urged the dismantling the barriers to women moving up to senior roles in the insurance and long term savings sectors.