The advent of new EU rules forcing firms to keep records of electronic communications including an “avalanche of content” on social media has prompted one business to double its UK team.

A new report by Intelligent Partnership has suggested that as many as 91% of advisers expect to do more VCT business over the next 12 months.

Three investment firms are set to be bought by AJ Bell as it seeks to find “new solutions for financial advisers”.

A Scottish based asset management firm has established a new office in the Far East.

Richard Mein, the founder and chief executive of Parmenion, has died after a short battle with cancer, it has been confirmed this morning.

Architas has hired a quartet of new staff for its distribution team from companies including Invesco, Close Brothers and Intelliflo.

A retirement planning boss believes that a single flat rate of pension tax relief could be the “boost to pensions simplification we’ve needed for a long time”.

Purchases of investment companies on platforms by advisers and wealth managers reached £549m over the first three quarters of 2015, according to The Association of Investment Companies.

BlackRock’s iShares has claimed to have launched a “world first for investing in Israel”.

Thomas Miller Investment has appointed a new investment analyst to its Alternative Investment Research team.