Investment manager and Financial Planner Redmayne Bentley has reported profits up 59% in the past year to just over £7m.

  Expanding European life and pensions consolidator Chesnara has acquired Canada Life’s onshore bond arm.

The FCA and police have arrested two individuals after a joint swoop on a suspected unauthorised debt and claims management company.

FINRA charges restitution but forgoes punitive fines for the three firms after crediting them for cooperating in its investigation.

Former Pensions Minister Baroness Ros Altmann has called for help for the WASPI pension campaigners despite Prime Minister Sir Keir Starmer this week ruling out additional compensation.

The FCA has refused to waive a £250 late submission fee despite being recommended to do so by The Complaints Commissioner which upheld a complaint against the regulator. 

The cost and complexity of new financial regulations, such as the Consumer Duty, are pushing financial advisers to increase minimum client portfolio size to maintain profitability.

Platform and DFM provider Parmenion has added an Open Banking facility which will allow advised clients to top up their investments direct from their bank accounts.

CPI inflation has spiked upwards for the second month in a row, to 2.6% in November, ONS reported today.

The FCA has provisionally banned and fined two financial advisers over failings involving £126m of allegedly “flawed advice” pension transfers.