In a suprise move, Prime Minister David Cameron has appointed pensions campaigner Dr Ros Altmann as Pensions Minister in preference to David Gauke MP, who had been widely tipped for the job earlier today. Read more ...

Veteran emerging markets fund manager Mark Mobius of Franklin Templeton has told the Morningstar Investment Conference getting under way in London today that he believes Africa has huge potential. Read more ...

Clive Beagles, senior fund manager at Hambro, warned today that interest rate policy may need to change if wage inflation spirals upwards in the UK as he fears. Read more ...

Pensions have become as imporant as property in divorce settlements and this is likely to increase further, according to a new study. Read more ...

Actuary and employee benefits company Towers Watson is warning that many defined benefit pension schemes with actuarial valuations this Spring will find that their plans to repair deficits have been blown off course. Read more ...

Architas has hired a new senior investment manager to co-manage the £770m Architas Multi-Asset Active range. Read more ...

Tilney Bestinvest, the investment and Financial Planning group, has recruited Leon Buckley from FF&P Wealth Planning as director of Financial Planning. Read more ...

Davy Private Clients UK, the Northern Ireland arm of Irish wealth manager and Financial Planning firm Davy Group, is to acquire Belfast's Graham Corry Cheevers. Read more ...

Old Mutual Wealth has attributed a 16% rise in gross sales to the "shot of adrenaline" that has been the pension reforms. Read more ...

Four advisory firms have been bought out by Financial Planning firm Attivo. Read more ...