The FCA has today fined Interactive Brokers (UK) (IBUK) £1,049,412 for failing to identify suspicious transactions in its post-trade systems and controls from February 2014 to February 2015.

HM Revenue and Customs has put a stop to thousands of scam text messages from reaching phones, it says.

The Investment Association, the fund managers’ trade body, is calling for an early review of the Key Information document (KID) following the FCA’s statement yesterday about product performance scenarios.

Wealth management group St James's Place has reported record new business inflows and funds under management for the 12 months ended 31 December 2017.

The FCA has urged PRIPP providers to add additional explanation to product performance scenarios if those scenarios look overly optimistic.

The latest data from the HMRC reveals that pension withdrawals are steadying following the introduction of the Pension Freedoms, according to pensions provider Royal London.

The government will review proposals to make guidance for people at retirement mandatory, a move suggested by the Work and Pensions Select Committee recently.

The latest edition of Financial Planning Today, our magazine for the profession, has been published and is now available to read online.

The latest edition of Financial Planning Today, our exclusive magazine for the profession, has been published and the digital issue is now available to read online.

AMPS, the trade association which represents most UK SIPP providers, has written to the FSCS to question its statements on three SIPP providers recently declared in default by the scheme.