The new guidance service to be set up by the Government for retirees could be a "golden opportunity" for Financial Planners to "demonstrate their value".

A new Masters Degree in wealth management has been launched at Loughborough University's School of Business and Economics.

Succession Group has completed a deal to buy Target Wealth Management for £4.9m.

A pensions expert that some call 'Mr Sipp' believes some Sipp operators may be "thinking seriously about throwing in the towel".

A Financial Planning firm's profits have fallen after taking a hit from a £6.9 million levy from the Financial Services Compensation Scheme.

Banks have been blamed by Financial Planners for tarnishing their profession and giving the general public a false perception of how they work.

Lloyds Banking Group has today been hit with fines totalling £218m for serious misconduct relating to the Special Liquidity Scheme, the Repo Rate benchmark and the London Interbank Offered Rate.

Vacancy levels in the financial services sector have risen by around 7%, according to year-on-year statistics released this month by a recruitment firm.

Aberdeen Asset Management has reported net outflows of nearly £9bn for the latest quarter, including a single client withdrawal of about £4bn.

An extra £1 million prize will be up for grabs in the Premium Bonds prize draw from the end of this week, arising from the Budget reforms.