Guy Opperman MP has retained his role as Pensions Minister in the new government under Prime Minister Boris Johnson, the DWP has confirmed.

The FCA has confirmed details of the second fine on a CMC company this week, this time for copying client signatures.

The Consumer Prices Index (CPI) remained at 1.5% in November - a three year low - despite some experts predicting a fall to 1.4%.

Platform Transact is to trim annual and buy commission charges in the spring as platform competition intensifies.

Transact chief executive Ian Taylor is to step down as CEO in March after 20 years with the group and will be replaced by two new CEOs.

The FCA has launched a Call for Input (CfI) on the opportunities - and risks - that could be created by introducing an ‘Open Finance’ framework in financial services.

Expanding Chartered Financial Planner firm Fairstone has acquired nearby North East wealth manager Chilli Financial.

The Financial Conduct Authority has fined Professional Personal Claims Limited (PPC) £70,000 for “misleading consumers” through its websites and printed materials.

Waverton Investment Management has acquired London-based Financial Planning and investment advisory business Timothy James & Partners for an undisclosed sum.

The Financial Services Compensation Scheme has warned that there is a ‘high risk’ of a supplementary £46m levy on advisers and providers.