A firm of Chartered Financial Planners set up 21 years ago by one man in his bedroom has reported a 20 per cent rise in annual turnover and its sixth consecutive year of growth.

A former Prudential executive has been named as Zurich chief executive for the UK.

More than 1.5 million personal State Pension forecasts were issued in the six months after the launch of the new State Pension in April.

Brooks Macdonald, a Financial Planning firm and investment manager that manages almost £9bn for clients in the UK and internationally, has established its first international “strategic alliance” with Dubai-based Financial Planning firm Abacus Financial Consultants.

A wealth manager has intimated that is closing in on more IFA takeovers.

A former professional golfer is among a trio of new advisers hired by an advice firm in the north of England.

Financial Planning has to win over consumers and students before it becomes seen as a profession, a former IFP chief executive has suggested.

More than a quarter of financial advisers (27%) are working longer hours compared with a year ago, some more than two hours extra each day.

SunLife has unveiled a new chief executive this afternoon.

The Financial Conduct Authority is to cap early exit charges on existing pensions at 1% and from 31 March it will bar all early exit charges on new pensions.