Several million young people in the UK are believed to be following so-called social media financial influencers or ‘finfluencers,’ according to new research.

The Serious Fraud Office is to return over £1m to more than 200 victims of one of the UK’s biggest ever boiler room frauds.

Financial Planning-focused wealth manager Brown Shipley has appointed Mark Flynn as its new managing director and head of Scotland.

The Financial Services Compensation Scheme has taken the unusual step of naming two firms suspected of trying to scam LCF mini-bond victims.

Seven in ten financial advisers have increased their technology budgets over the last year, according to a new report.

The City of Plymouth Credit Union Limited in Devon has been declared in default by the Financial Services Compensation Scheme (FSCS), opening the door to members to claim compensation expected to be in the region of £1.2m in total.

Three quarters (73%) of UK adults have carried out little or no planning for their later life retirement finances, according to a new report.

Plymouth-based national Financial Planner Continuum saw assets under influence rise by 20% to £1.52bn in the first quarter of 2022, the firm reported today.

Wealth management trade body PIMFA has urged MPs to consider a Treasury-run compensation package for British Steel Pension Scheme victims similar to the one used for London Capital & Finance mini-bond investors.

Wealth manager St James's Place today reported record first quarter net inflows of £2.91bn (£2.90bn in Q1 202) and strong annual growth in funds under management of £151.25bn (up £15.79bn on Q1 2021).