A Financial Planner jailed last week for a sexual assault and other offences has seen his directorship terminated at his company but remains a majority shareholder and the firm is still in operation this week.

Financial Planner and wealth manager Harwood Wealth Management has made its second acquisition in a week with the purchase of Fund Management Limited for £1.13 million.

Aviva is to make a £14m “goodwill” payout to General Accident shareholders following criticism of its actions.

Two brothers, who defrauded up to £17m from more than 200 elderly and vulnerable clients through their financial advisory business, are due to be sentenced today and could be jailed for 10 years.

Scottish Widows has appointed Gary Burchett to the role of protection director.

Stock market volatility and economic uncertainty have led to a sharp spike in over-50s being risk-averse with their pension savings, new research indicated.

The FCA is set to require providers to pay a quarter of the cost of funding the Financial Services Compensation Scheme (FSCS) in a radical shake-up.

St James’s Place Wealth Management has welcomed 32 newly-qualified advisers seeking a new career in Financial Planning.

Aviva is to use surplus cash to fund a £600m share buy-back of its ordinary shares.

SIPP operator Curtis Banks is expanding further into the UK’s commercial property market with the launch of two new companies.