Mini-bond firm Blackmore Bonds has collapsed this week owing £45m to investors in a move that echoes the recent failure of £236m mini-bond firm London Capital & Finance.

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The CISI, the professional body which runs the Certified Financial Planner qualification, says it will consider compensating victims of the cyber attack its website suffered recently.

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The Treasury has relaxed pension tax rules to allow more retired key workers, such as police officers, to return to duties to help tackle the impact of the Coronavirus outbreak.

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Chartered Financial Planning firm Fairstone has added two more firms to its acquisition programme.

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Due to the impact of Coronavirus the FCA has extended regulatory reporting deadlines temporarily and will also waive late return fees for SMEs.

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The average stocks and shares Isa fell by 13.3% during the 2019/20 tax year.

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Schroders Personal Wealth, Schroders’ new Financial Planning arm joint venture with Lloyds Bank, is establishing 11 regional hubs across the UK.

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The FCA says that it may intervene in the professional indemnity insurance market for firms if insurers are unable to renew cover.

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Platform and SIPP provider AJ Bell has reported client numbers up 22% to 262,179 over the past 12 months.

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More than 1,300 financial advisers have signed up to the Pension Transfer Gold Standard in the past 12 months but the number re-registering is set to fall as disillusioned advisers quit the market.

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