The Solicitors Regulation Authority has appointed the Financial Reporting Council's executive director of supervision Sarah Rapson as its new chief executive officer.

The FCA’s decision to ban Jes Staley, former chief executive of Barclays, from holding senior management roles in the financial services industry has been upheld by the Upper Tribunal.

Annuity rates have reached 7.72% for a healthy 65-year-old, up 64% since July 2020 when rates stood at just 4.71%.

FCA CEO Nikhil Rathi has told a City audience today that an announcement on a new generation of targeted support and simplified advice was "imminent."

This is my final column for Financial Planning Today as I'm aiming to reduce my workload. With this in mind, Financial Planning Today editor Kevin O'Donnell asked me to do one final article so here it is.

The Consumer Duty Alliance (CDA), a not-for-profit body supporting the Consumer Duty changes, has today launched a new data forum to assess what a data-led regulator means for advisory firms.

One in four financial advisers believes that the FCA’s plans to introduce ‘targeted support’ to widen the availability of financial guidance to millions may have a negative impact, according to a major new survey.

Financial advisers should play a greater role in client wellbeing and offer more emotional, mental and general health support, a national IFA firm has recommended.

The pension sector has been warned that it needs to accurately define adequacy targets to ensure people avoid under-saving for their retirement.

Robert Hughes-Penney, investment director at Rathbones and CISI Chartered Fellow, has been elected as Sheriff of the City of London.