Legal & General Investment Management has appointed a new head of private assets in a bid to develop the firm's private debt business.

The Government’s move to cap “rip off” early exit charges was made after its research found over 670,000 consumers aged 55 or over have faced such a penalty, officials have revealed.

The European exchange-traded fund industry experienced its best-ever year in 2015, Morningstar has reported.

The total levy to fund the FSCS will rise in 2016/17 to £363m.

Prudential has appointed a new chief executive and executive director of Prudential with immediate effect.

A pensions firm director fears the Government may be underestimating the complexity and costs attached to a new a flat rate of tax relief, amid reports this morning that such a change will be announced imminently.

A cybercrime style hack will be undertaken live at a conference this month to demonstrate the threat posed to wealth managers and finance firms.

Twitter management tool Hootsuite has co-produced a guide to help finance firms avoid running into trouble with the FCA over their staff’s social media use.

Pictet Asset Management has appointed a new senior investment manager in the small cap equities team, from AXA Investment Managers.

The co-founder of a new ‘Financial Facebook’ wants to banish people’s fears about later life and inject new optimism into the retirement years.