The FSCS has said its total industry levy payable by firms for the 2026/27 financial year will be £247m, a fall of £95m on its previously published forecasts.
A new report published today by the Department for Work and Pensions ahead of the Pensions Commission report expected later this week has highlighted a widening gender pensions gap.
The FCA and the Bank of England are seeking industry views on the future of UK wholesale markets after they jointly published their vision for tokenisation.
Assets under management across advised platforms dropped in the last quarter by 0.26% mainly because of the conflict in Iran and the Middle East.
More than 100,000 extra pensions are being cashed in today in full compared to seven years ago when records began.
The FCA has warned finance firms to ensure they put customers’ needs first and avoid foreseeable harm, including those in vulnerable circumstances.
Carol Knight is to step down as CEO of trade body The Investing and Saving Alliance (TISA) in August after four years leading the organisation.
The fund managers' trade body, the Investment Association, has appointed career civil servant John Owen as its new chief executive to replace outgoing CEO Chris Cummings.
Essex financial adviser firm Kapwealth Ltd (formerly Titan Investment Partners Ltd) has been declared in default by the Financial Services Compensation Scheme.
Financial Planner Cooper Parry Wealth has made two senior appointments to strengthen its presence in Birmingham and across the Midlands.