Financial education provider the Institute of Financial Services - known as ifs University College - is to change its name to The London Institute of Banking & Finance from September, it announced today.

Zurich has appointed Anne Torry as head of its life business in the UK, and CEO of Zurich Assurance plc and Sterling Investment Managers Limited.

Data and financial analysis provider FE has launched its first pure passive fund awards to coincide with the first anniversary of its FE Passive Crown ratings.

Expanding North west-based Financial Planning firm Ludlow Wealth Management has hired experienced financial adviser Stephen Fox as its 21st consultant.

Britain’s over 50s are using the extra income they enjoy after paying off their mortgages to fund holidays, home improvements and gifts for their children. Fewer than one in four use the extra money to top up their retirement savings, says new research.

A former equities trader at Schroders Investment Management was today given a two year prison sentence after pleading guilty to nine counts of insider dealing.

Succession has continued its buying spree by acquiring Beckenham-based Financial Planning business Maze Wealth for £1.2million.

A report on global financial services organisations has found slow progress for women leaders and at the current rate female representation at executive committee level will only hit 30% in 2048.

A major global investment survey of millennials (generally seen as those aged 16-36) around the world has found that they have high investment return expectations but are conservative in their approach and considerably “short-term minded.”

Tracey McDermott, the FCA’s acting chief executive, says she is “please and proud” to have been made a CBE in the Queen’s Birthday Honours List.