AFH Financial Group, the wealth management and Financial Planning group led by Chartered Financial Planner Alan Hudson, is to reveal ambitious plans today to nearly triple revenues over the next three to five years to £140m as it strives to become the leading UK ‘Financial Planning-led’ wealth manager.

More than one in three regular savers has avoided investing because there are too many funds to choose from, they say.

National IFA and Financial Planning firm Continuum has expanded into East Anglia with the recruitment of adviser business Peter Barton in Norwich.

Nigel Green, the chief executive of global wealth adviser deVere, has acquired Credence International, a UAE-based wealth management and Financial Planning business.

The Financial Conduct Authority has called on the investment sector and wealth managers to improve the way they disclose costs and charges to clients following a review of the sector which found shortcomings.

Chartered Financial Planner Hilary Schofield FPFS has been recognised as a ‘Power Returner’ for successfully forging a new career as a planner after a senior role in food manufacturing.

A large number of ‘baby boomers’ - those aged 55-73 - have little appetite for investment risk and 39%  have ‘zero’ willingness to take a risk with their money, according to a survey.

An accountant who acted as a trustee and administrator to pension schemes has admitted to taking more than £280,000 of pension funds to pay for his own investments including a nursery and physiotherapy business.

XPS Pensions Group, the pensions, investment and admin specialist, has added Susan Middleton and Julia Falk to its expanding specialist investment transitions team.

The Association of Taxation Technicians has warned that smaller family trusts - of the type often used by Financial Planners - are threatened by a rising red tape burden.