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One in five (19%) of divorcees will be significantly financially worse off in retirement because of a divorce, according to a new report.

Phil Smith, founder and former group CEO of Embark, has been appointed as a non-executive director at fintech and support services firm Fintel.

The Financial Services Compensation Scheme has taken the unusual step of naming two firms suspected of trying to scam LCF mini-bond victims.

Over two thirds (72%) of financial advisers think providers do not give enough clear and consistent information about how to complete expressions of wishes.

The Philips Trust Corporation Limited - which administered 2,400 trusts - has gone into administration.

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