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Dan Olley, CEO of Hargreaves Lansdown, is to leave the firm less than two years after taking up the helm.

The Upper Tribunal has upheld a ban on two "reckless" financial advisers who were involved in 1,470 mostly 'flawed' pension transfers worth over £392m.

Wealth manager Mattioli Woods and troubled Financial Planning firm Kingswood are to merge to create a wealth manager with over £25bn in assets.

Central Markets Investment Management (CMIM) Limited (FRN: 475828) has been declared in default by the Financial Services Compensation Scheme (FSCS).

Halo Invest is to launch a new adviser platform which will offer SIPPs and other investments. 

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