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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). ....

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FSCS declares Yorkshire-based advice firm in default

The Financial Services Compensation Scheme (FSCS) has named Aquila Financial Services in default. ....

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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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British Steel firm Better Retirement Group named in default by FSCS

The Financial Services Compensation Scheme (FSCS) has declared Better Retirement Group in default. ....

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IFA with links to multi-asset fund subject to SFO probe declared failed

The Financial Services Compensation Scheme (FSCS) has declared the Shropshire-based advice firm Nationwide Benefit Consultants Limited (NBCL) and Devon-based Trust Financial Consulting (TFC) in default. ....

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