The FCA has dropped its investigation into Scottish Widows undertaken as part of its long-running thematic review of the fair treatment of longstanding customers in the life insurance sector.

A convicted fraudster who spent millions on a lavish lifestyle - including a luxury home in plush Sandbanks and a Ferrari after conning investors out of more than £21m - has had a confiscation order against him increased from £1 to £31,905.33.

Health insurance firm Vitality has launched a new retirement-focused investment proposition which will use cashflow modelling to help clients make the right decisions.

PensionBee will join the ABI as its third platform member, it has been revealed.

The CISI’s annual Paraplanner Conference will get under way tomorrow and is expected to attract more than 120 attendees.

AFH has acquired York-based IFA and wealth management firm Corville for £2.9m.

A skilled persons review has called for a raft of compliance and governance improvements at cross border financial services group STM which saw its chief executive arrested in Gibraltar last year.

Adviser and investment platform firm Parmenion has continued its expansion with the hire of Sarah Lyons as its Chief Marketing Officer.

Wealth management company Brewin Dolphin has appointed a new investment manager to its Jersey team.

The Institute of Economic Affairs has released a new report which it says “debunks the myths” surrounding tax havens.