Two brothers, who defrauded up to £17m from more than 200 elderly and vulnerable clients through their financial advisory business, are due to be sentenced today and could be jailed for 10 years.

Aviva is to make a £14m “goodwill” payout to General Accident shareholders following criticism of its actions.

Financial Planner and wealth manager Harwood Wealth Management has made its second acquisition in a week with the purchase of Fund Management Limited for £1.13 million.

A Financial Planner jailed last week for a sexual assault and other offences has seen his directorship terminated at his company but remains a majority shareholder and the firm is still in operation this week.

The Personal Finance Society has launched a new ‘good practice’ guide to explain how financial advisers might adopt value-based investing in their client recommendations where appropriate.

The FCA’s chief executive Andrew Bailey has expressed his concern over packaged investments and regulation.

City of London Police have launched a criminal investigation into the activities of Kingsbridge Asset Management, a firm which targeted HNW individuals including top professional footballers. 



The Association of British Insurers has released a five point plan aimed at ‘engaging’ consumers with their retirement options far earlier in life than currently.

Guernsey is set to launch the first regulated green investment fund product in the world.

The Financial Ombudsman Service has enlisted former Which? executive director Richard Lloyd to head a review into FOS’s complaints handling.