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Wall Street bank Goldman Sachs is believed to be one of three bidders aiming to take a sizeable stake in adviser platform Nucleus, according to a report from Sky News today.

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.

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

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.

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

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