The FCA’s latest Retail Mediation Activities Report - out this week - provides an interesting snapshot of the adviser sector. It shows a rather mixed picture but not necessarily a bad one.

One in eight investors (12%) have withdrawn investments in the run up to the Budget, with one in three of these (4% of total investors) ‘explicitly’ citing concerns about the Budget, according to new research.

London-based Chartered Financial Planner The Penny Group has acquired a  majority stake in £360m AUM Berkshire financial adviser Harridge Financial Services.

The FCA is to launch a renewed drive to axe unnecessary reporting requirements and red tape in a move it claims will save regulated firms over £100m a year.

Chris Cummings, chief executive of the fund managers’ trade body the Investment Association, is to step down in June after 10 years in the role.

c receipts from April to October totalled £5.2 billion, £200m higher than the same period in 2024.

The Serious Fraud Office (SFO) has launched its first major crypto investigation into suspected fraud in a case connected to a hedge fund.

Consumer confidence has dropped two points in November to -19, according to the latest GfK Consumer Confidence Index published today.

A new partnership between retirement specialist Just Group and consumer group Which? will see Which? members offered a savings and retirement service.

HMRC has agreed to exempt pension administration professionals from new requirements requiring ‘tax advisers’ who interact with HMRC on behalf of clients to register with HMRC and meet new minimum standards from 1 April.