Latest data from the FCA has revealed that in the second half of 2020 the number of complaints received by financial firms - excluding PPI complaints - rose by 3.3% to 1.93m.

Premier Miton is set to launch the Premier Miton European Sustainable Leaders Fund on 10 May.

The FCA is to extend the Coronavirus freeze on 10% drop notices until the end of the year and will consult on their future in the spring.

Fund manager James Anderson, joint manager of Baillie Gifford’s popular Scottish Mortgage Investment Trust, is to retire from Baillie Gifford after 40 years with the firm.