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The Financial Conduct Authority (FCA) has placed a restriction on Bristol-based SIPP provider Hartley Pensions preventing the firm from taking on any new business.

Social media companies and search engines will be responsible for preventing paid-for scam adverts on their platforms under a new amendment to the draft Online Safety Bill.

Members of the House of Lords have rejected the Government’s planned change to the cap on social care costs.

Market uncertainty in January spurred UK savers to withdraw £642m from retail funds, the first outflows since March 2020.

The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).

Aviva, which has a significant SIPP business, is to acquire Financial Planning-focused wealth manager Succession Wealth for £385 million.

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