The Financial Conduct Authority has begun criminal proceedings against Fabiana Abdel-Malek, a former compliance officer at UBS AG’s London Branch, and Walid Anis Choucair following a joint investigation with the National Crime Agency.

Edward Loader Chartered FCSI has been appointed President of the Chartered Institute for Securities & Investment Jersey branch.

More than one in two people have failed to plan adequately for a long-term absence from work due to illness or injury, research from Cirencester Friendly has shown, and the problem has worsened in the last three years.

A leading pension provider believes the delayed Queen’s Speech - due to take place on Wednesday - will mean only limited pension reform as contentious issues are dropped to ensure the Queen’s Speech is passed by the Commons.

A financial think tank believes there is now a prospect of an early Bank of England base rate rise after the Bank’s Monetary Policy committee voted 5-3 today to keep the bank rate unchanged at 0.25 per cent.

Guy Opperman MP has been appointed as the new Parliamentary Under Secretary for Pensions and Financial Inclusion.

Advisers aiming to grow their firms through acquisition of other firms could be losing out on value by failing to take account of basic checks and balances, Roderic Rennison of Rennison Consulting has warned.

The Financial Conduct Authority has unveiled the list of 31 firms that were successful in their applications to begin testing in the second phase of the regulatory sandbox project designed to let firms test out innovative new financial ideas and products.

Wrap firm Nucleus has recruited the editor of IFA trade title Money Marketing, Natalie Holt, to be its new content editor.

Accountancy and Financial Planning firm Mazars has appointed Ros Price to the investment committee of its Financial Planning business.