Three fund management groups have injected £39.4m into the retirement and SIPP provider Embark Group to help fund growth and acquisitions.

The Embark Group, parent company of Embark Platform, Vested, Rowanmoor, EBS, Hornbuckle and other businesses, made a profit of £100,000 in 2018 - reversing previous losses - on the back of a 22% increase in client numbers to 140,000.

The Financial Conduct Authority is proposing to ban the sale of some crypto-asset products to retail investors.

Senior industry executive Amanda Blanc is to stand down from her roles as CEO EMEA of Zurich Insurance Group and as chair of the ABI after nine months in both roles.

Fast growing Financial Planning-focused wealth manager AFH has acquired Herts-based AE Garment Independent Financial Services Limited in a £1.7m deal.

Almost three-quarters of UK investors admit that political uncertainty and volatile markets have impacted their investment decision-making, Schroders Global Investor Study 2019 has found.

Proposals to reduce the number of poorly governed pension schemes have been outlined in a consultation launched by The Pensions Regulator (TPR) today.

Financial Planning app Multiply has gained FCA approval and claims to be the first such UK service to get the green light from the regulator. 

Investors hit by the collapse of £236m London Capital & Finance (LCF) earlier this year have launched a petition aimed at the Treasury, the FCA, Nicky Morgan MP and Antony Townsend the Complaints Commissioner.

The Personal Finance Society (PFS) has made changes to the the application and renewal process for corporate Chartered status.