The Financial Conduct Authority has banned former Deutsche Bank trader Christian Bittar from performing any function in relation to any regulated financial activity after he was sentenced to over 5 years in prison and ordered to pay £2.5m in compensation by a court.

A conman involved in a £2.8m boiler room fraud and a £2.4m carbon credit scam has been jailed for 13 years today.

Schroders has taken control of advice firm Benchmark Capital.

Informed Choice, an award-winning firm of Chartered Financial Planners in Surrey, has announced plans to expand the business into Hampshire, with the opening of a new office in Petersfield.

The FCA’s Chris Hewitt went into detail about new rules governing DB transfers at yesterday’s Paraplanners Powwow. 

The FCA has issued a warning about scammers running a clone of Bestinvest, the well known direct investment and SIPPs firm run by Financial Planner and wealth manager Tilney.

Paraplanners at today’s Paraplanners Powwow in Aynho, Northants, will discuss a raft of topics relevant to the Financial Planning profession.

The Personal Finance Society has unveiled the leading planners who will form its new Financial Planning Practitioner Panel for 2018/2019 - the body which helps shape PFS opinion, lobbying strategy and sharing of best practice.

The Bank of England’s Monetary Policy Committee voted unanimously today to maintain the base rate at 0.75% in a move described by commentators as a “wait and see” approach by the bank.

Paraplanners Powwow has been hailed as a unique “force of nature” as the event began this morning.