The Financial Conduct Authority (FCA) has said it is considering expanding the classification of high-risk investments to include more types of investments which should be subject to marketing restrictions in its proposals to strengthen financial promotion rules.

The majority (89%) of financial advisers are using some form of new technology as a result of the Coronavirus pandemic, with the change likely to be permanent, according to a new report.

Three defendants found guilty of an authorised share scheme now face bankruptcy orders having failed to pay £3.62m in restitution.

Net inflows for the quarter ending 31 March rose 22% to £2.9bn at wealth manager St James’s Place (SJP).

Coutts has begun the process of integrating Financial Planners and wealth managers from its Adam & Company business into the main wealth management and banking firm.

LV= has extended its payment break and premium/cover reduction options until 31 December for protection policyholders to allow financially vulnerable clients to maintain cover if they suffer financial difficulties.

Brunel Wealth has acquired Bristol-based investment and pensions adviser Academy Associates for an undisclosed sum.

Only 15% of Britons have relied more on a financial adviser in the last year despite being more engaged with their personal finances.

Pension and investment provider Aegon UK has acquired retirement information, communication and events specialist firm Pension Geeks.

The Financial Services Compensation Scheme has warned that retirees are being tempted to put money into investment products claiming to offer high returns due to the prolonged low interest savings environment.