The Chartered Institute for Securities & Investment (CISI) has revealed that 60,000 candidates around he world have now completed its online ethics test, IntegrityMatters, as it marks the milestone as part of Global Ethics Day.

PIMFA, the wealth management and financial advice trade association, has voiced concerns about plans to increase the maximum compensation the Financial Ombudsman Service can demand a financial services firm pays out to £350,000. 

Embark Group, owner of a number of SIPP firms including Rowanmoor and Hornbuckle, has acquired the assets of Liberty SIPP as Liberty faces legal challenges over past SIPP business.