Stephen Allen has pleaded guilty to forgery after the Financial Conduct Authority pursued him to recover money investors lost in a £16.9m Unauthorised Collective Investment Scheme (UCIS).

Total household wealth has increased by almost £900bn during the pandemic, a 6% increase on pre-pandemic levels, according to a new report.

Defined benefit transfer activity increased in June for the third month in a row to high the highest levels seen since July 2020.

Expanding Financial Planning firm Progeny has launched a Women in Professional Services Forum to build a community of female spokespeople and leaders within the firm.

The Coronavirus pandemic will accelerate demand for Financial Planning within the next five years, according to a new report.

The administrators of troubled wealth firm Dolfin Financial (UK) Ltd have agreed terms for 280 client agreements to be transferred to Britannia Global Markets.

Lifetime ISA (LISA) early withdrawal charges rose by more than 300% to £33m in the 2020/21 tax year, according to a Freedom of Information request.

Talis IFA, an Ashford-based firm which looks after more than £100m in client funds, has acquired Regency IFA of Dover for an undisclosed sum following the retirement of its founder Barry Williams. 

The ban on contingent charging and the pandemic have resulted in a major slump in pension transfers, according to new research. 

Wealth manager and Financial Planner Brooks Macdonald has boosted its South West presence by opening a new office in Cheltenham and relocating its Taunton office to Exeter.