Companies

Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.

To acquire Vision Group

The Financial Conduct Authority (FCA) has fined independent advice firm John Joseph Financial Services (JJFS) £20,000 for failings relating to the sale of Keydata products.

Prudential has topped the Financial Conduct Authority's (FCA) list of the most complained about pension firms, as the number of grievances raised about retirement products jumps 20%.

Aegon faces a complaints showdown with a widow who believed the pension provider gave her late husband unauthorised advice that lost her access to his retirement pot.

Fidelity is looking for a head of retirement insight to strengthen its profile in the UK retirement market.

Carbon credit adviser Archer Bramley has been named as one of 28 investment and pensions firms declared in default by the Financial Services Compensation Scheme (FSCS) between May and August.

The former finance director of failed investment firm Keydata has called the regulator's decision to fine him £350,000 and ban him from working in financial services for life, an ‘ill-informed stich-up'.

Guardian SIPP is in talks to allow investors trapped in troubled investments to buy their way out of paying mounting administration fees, and to have direct access to any money clawed back from the firms deemed liable for their losses.

The Financial Conduct Authority (FCA) has had its attempt to ban a director of failed investment firm Catalyst rejected.