The UK asset management industry has grown to £7.7 trillion to maintain its standing as the second largest asset management centre in the world, according to the latest Investment Association figures.

Punter Southall Aspire has recruited Peter Selby as its new managing director of retail advice to oversee the expansion of its Financial Planning business.

A new savings scheme for people on low incomes has been launched by the Government and offers a 50% bonus.

Complaints upheld against advisers slumped in the first six months of the year, the latest data from the Financial Ombudsman Service has revealed.

International Sipp provider STM Group hopes relocating will allow it to be more “UK centric”, the firm’s interim results have revealed.

The Association of Investment Companies has called for Key Information Documents (KIDs) to be suspended because it believes they are “systematically flawed.”

Investment provider and platform Hargreaves Lansdown says FCA data reveals that pension savers have snubbed guarantees on pensions worth £3bn.

The Association of British Insurers (ABI) has launched a new campaign urging younger workers to “Love Your Pension”, as part of the industry’s commitment to auto-enrolment.  

Close Brothers Asset Management has hired a new managing director to support the growth of its HNW Bespoke investment management service. 

The global Financial Planning body the Financial Planning Standards Board is to hold its annual World Financial Planning Day 2018 on Wednesday 3 October.