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The FCA has imposed restrictions on a financial adviser firm based in South Wales to prevent it from making unsolicited offers of £50 in redress to BSPS members.

The Financial Services Compensation Scheme has launched an investigation into Newport-based Prism Independent Financial Advisers Ltd (FRN: 515431).

Adviser-focused investment platform Nucleus has reported a £25.4m profit before tax for 2022 following its £24m loss in 2021.

Manchester SIPP provider iPensions Group is backing this week’s Mental Health Awareness Week with a series of events, workshops and sessions.

Ahead of the new Consumer Duty requirements, the FCA has warned SIPP operators to ensure standards of conduct are high amid concerns about problems in the sector.

Platform and SIPP provider AJ Bell has warned that the delayed Pensions Dashboards - a key plank of government pensions policy - are in limbo until the government signals a new timetable.

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