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January 2023: Month in review with news editor Ayesha Venkataraman

There has been a raft of important news to start off the year, with top stories including the ongoing dispute between the Personal Finance Society (PFS) and the Chartered Insurance Institute (CII).

FSCS declares Yorkshire-based advice firm in default

FSCS names three advice firms in default over pension transfers

The Financial Services Compensation Scheme (FSCS) has declared Vintage Investment Services, Broadgate Financial Management and Braemar Wealth Management NW in default with claims to all three firms linked to pension transfer advice.

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