The platform sector needs shaking up, a leading analyst says, as he criticised increasingly ‘clunky’ interfaces and poor reporting for clients.

The fund management industry must drop “unnecessary charges”, a wealth firm says, because many savers are being scared away from investing by high costs.

A Chartered Financial Planner has been hired as the new director general of The Enterprise Investment Scheme Association.

A Fidelity equity product specialist on global and US funds has left to join Architas.

Paraplanners have warned platform providers they must focus more on their service and not just on price.

A Financial Planner has branded elements of pension rules a “dog’s breakfast” after the Bank of England’s chief economist said that even he failed to make sense of them.

A chartered accountant who also acted as a financial adviser has been jailed for four years after he stole £107,000 of tax and tried to hide the money in his children’s bank accounts.

Legal & General has acquired a £3bn annuity portfolio from Aegon, it was revealed this morning.

A Financial Planner is developing a new smartphone app, which will provide a wealth dashboard for users.

M&G Investments has revealed this morning it will launch a new online service offering lower fund charges to direct customers.