Professional body the London Institute of Banking & Finance has been acquired by German educational technology provider IU Group for an undisclosed sum. The London-based body is now a wholly owned UK subsidiary of the International University of Applied Sciences, the university arm of IU. The acquisition was completed on 31 March but only announced today. […]

Orion Chief Behavioral Officer Daniel Crosby and other experts explained the stakes and challenges facing advisory practices at FP’s INVEST conference.

Hargreaves Lansdown’s new CEO Dan Olley will start work on Monday 7 August, the company said today. Mr Olley, a director of HL, will remain on the HL board in a new capacity as an executive director when he takes up his CEO role. Chris Hill will step down as chief executive and from the […]

The bank will pay $290 million over allegations that it didn’t do enough to stop disgraced financier.

The Financial Services Compensation Scheme (FSCS) has today declared that four advice firms based in Manchester, London, Honiton in Devon and Rayleigh in Essex are in default. The declaration opens the door to clients claiming compensation. All four went into default in April and May this year. {loadposition hidden2} Declaration by FSCS from 1 April […]

I suspect that eyes were rolling this week at the Department for Work and Pensions when Pensions Minister Laura Trott announced that Pensions Dashboards, originally due to begin in a test form this year, were being pushed back to 2026. I know many experts in the Financial Planning profession were shrugging their shoulders too. The […]

City of London Police have launched an international manhunt for a “career criminal” who ran a Ponzi-style investment scheme which cheated £70m from victims. Anthony Constantinou, 41, of no fixed address, was jailed today at Southwark Crown Court for 14 years for fraud involving his City of London business. He was described as a “career criminal.” […]