Articles

Mergers and acquisitions are continuing to drive change in the financial advice sector but acquirers are increasingly looking at consolidation, not aggregation, according to a new study.

The Financial Services Compensation Scheme has declared Swindon-based advice firm AP Financial Services UK Ltd in default.

Just over one in five (21%) of adults across UK and in 14 other countries around the world were defrauded between 2021 and 2023, according to new research.

The FCA has fined Huddersfield-based Inspirational Financial Management Ltd (FRN 223511) £897,840 after it poorly advised people to transfer out of DB pension schemes, including the British Steel Pension Scheme (BSPS).

Schroders and the Pensions Management Institute (PMI) have today launched a joint 'Lifetime Savings Initiative' (LSI), a project to shine a light on the challenges facing UK savers.

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