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The FCA has banned financial adviser Daniel Thomas from working in financial services and also fined him £742,700 after finding that he recklessly gave defined benefit pension transfer advice when he was neither qualified to do so or was prevented from providing.   

The trend of equity outflows from retail funds continued in July with outflows of £2.1bn, according to latest data from the Investment Association, the fund management trade body.

Multi-decade high gilt yields, boosted by the ongoing US-Iran conflict and fears over inflation, have pushed some annuity rates to multi-year highs.

Fund manager and wealth manager M&G has reported adjusted operating profit up 15% to £435m in the first half of the year but says IFRS results showed a loss of after tax of £165 million (H1 2025: £248 million profit).

The Chartered Insurance Institute (CII) has committed to developing guidance to support firms with using Consumer Duty reporting as a governance tool for continuous improvement rather than as a compliance exercise.

The Financial Planning proposition of wealth manager Brooks Macdonald, Brooks Financial, grew 10% year on year in the 12 months to 30 June.

One in five young investors between 18 and 30 expect to see growth from their investments in less than six months, according to new research.

PFS director and disability and inclusion campaigner Eddie Grant FPFS, a Chartered Financial Planner, explains how the forthcoming Disability Access Symposium can offer Financial Planners the chance to unlock a £446bn opportunity.

Schroders has launched two new active exchange traded funds; the Schroder Europe Equity Active UCITS ETF and Schroder Japan Equity Active UCITS ETF.