The FCA has secured a confiscation order of £452,286.80 against convicted fraudster Daniel Pugh, who is serving a seven years and six months jail sentence for defrauding investors out of £1.3m.

The Chartered Insurance Institute (CII) and the Personal Finance Society (PFS) are inviting applications for the next cohort of their flagship New Generation Programme.

Tax year-end activity in Q1 fuelled a £2.3bn increase in net platform flows in April despite continuing market volatility.

Nearly a quarter (23%) of UK advisers have responded to heightened market uncertainty and volatility by increasing actively managed investment allocations.

I was heartened this week by the efforts of Welsh Financial Planning firm Celtic Financial Planning to both help improve children’s financial literacy and support local charities.

The FCA says that it could save investment firms £20m a year under its new proposals to simplify and streamline climate reporting.

Chartered Financial Planner and wealth manager Bowmore Wealth has increased its Assets Under Advice (AUA) by £135m with the acquisition of two London financial advisers, DWA Protector Limited and Rogate Capital Limited.

A “despicable” couple have been ordered to return money they defrauded by abusing their positions as Power of Attorney for elderly parents.

Two in three advisers (68%) have concerns about clients turning to AI for financial advice instead of human advisers, according to a new report.

North Wales-based Celtic Financial Planning has launched a free financial education app for youngsters as part of a drive to give back to the local community.