The FSCS levy is expected to cost advisers £175m for the 2019/20 financial year, a new report has revealed.

Sesame Network, part of Sesame Bankhall Group (SBG), has bolstered new business growth with the appointment of a new business development director.

The Financial Services Compensation Scheme has revealed that it has so far paid out £22m to the 16,000-plus victims of the Beaufort DFM collapse.

Quilter Private Client Advisers has bought two Financial Planning firms.

The FCA has been ordered to pay thousands of pounds to the ex-chief executive of a collapsed IFA firm.

The FCA and Practitioner Panel have launched a new survey for 2019.

SIPPs and SSAS specialist Dentons Pension Management has announced the appointment of David Fox to its board in recognition of his contribution to the business. 

Scottish Widows, part of Lloyds Banking Group, has created a new life and critical illness product range.



Last year HMRC accrued £5.2bn of taxpayer’s money from Inheritance Tax alone - £400m more than the year before – and this figure is expected to rise to £6.5bn this year.

The Financial Services Compensation Scheme has compensated a further 754 clients of failed DFM firm Beaufort Securities, pushing the number so far paid out to 16,100.