The Chartered Insurance Institute has reinstated its funding for local institutes for 2022.  

GAM International Management Limited (GIML) has been fined £9.1m by the Financial Conduct Authority after an investigation into conflicts of interest.

The Bank of England has increased its base rate from 0.1% to 0.25% today, the first rise in rates for three years. 

The Financial Ombudsman Service is planning to increase its budget by £44m to £283.8m in 2022/23 to cope with an expected increase in more complex cases.

The Government is consulting on proposals to bring forward the rise in the State Pension Age to 68 from 2044 to 2037 resulting in millions being forced to wait longer for the state pension.

The Consumer Prices Index (CPI) hit 5.1% in November, the highest rate in over 10 years.

Canaccord Genuity Wealth Management UK (CGWM UK) has agreed to acquire Punter Southall Wealth from Punter Southall Group in a £164m deal.

The cost to the Government of Pensions Tax Relief rose to an estimated £42.7bn in 2020/21 - up £11bn in four years.

The Financial Services Compensation Scheme (FSCS) has declared 16 firms in default, including a number of financial advisers and wealth managers.

Nearly half (46%) of advised clients have undergone a comprehensive review of their financial situation since the start of the Coronavirus pandemic, according to a new report.