Data and financial analysis provider FE has launched its first pure passive fund awards to coincide with the first anniversary of its FE Passive Crown ratings.

Expanding North west-based Financial Planning firm Ludlow Wealth Management has hired experienced financial adviser Stephen Fox as its 21st consultant.

Britain’s over 50s are using the extra income they enjoy after paying off their mortgages to fund holidays, home improvements and gifts for their children. Fewer than one in four use the extra money to top up their retirement savings, says new research.

A former equities trader at Schroders Investment Management was today given a two year prison sentence after pleading guilty to nine counts of insider dealing.

Succession has continued its buying spree by acquiring Beckenham-based Financial Planning business Maze Wealth for £1.2million.

A report on global financial services organisations has found slow progress for women leaders and at the current rate female representation at executive committee level will only hit 30% in 2048.

A major global investment survey of millennials (generally seen as those aged 16-36) around the world has found that they have high investment return expectations but are conservative in their approach and considerably “short-term minded.”

Tracey McDermott, the FCA’s acting chief executive, says she is “please and proud” to have been made a CBE in the Queen’s Birthday Honours List.

The CISI has hailed last week’s Financial Planning Week consumer campaign as “highly successful” as thousands joined in and one podcast had 1m listeners.

Members of the British Bankers Association - the BBA - have voted to merge with three other bodies to form a new trade association for the finance sector which aims to improve trust in financial services.