Former FCA regulator Rory Percival will speak at an Enterprise Investment Scheme Association event aimed at Financial Planners and influencers.

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The Money Advice Service has proposed a slightly increased money guidance budget of £27.2m for its final year (up £0.2m) before it merges with two other guidance bodies.

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The Pensions and Lifetime Savings Association (PLSA) has welcomed the appointment of former DVLA chief executive Oliver Morley as the new chief executive of the Pension Protection Fund.

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The High Court yesterday made orders against a number of persons involved in carrying out an unauthorised foreign exchange investment scheme. 

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BlackRock, one of the world’s biggest fund managers, has taken a 5% stake in growing Financial Planning group AFH which has acquired over a dozen advisory firms this year.

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David Bellamy, the outgoing chief executive of wealth manager St James’s Place, is to become the new chairman of Weatherbys Bank, a private bank which specialises in the horse racing sector.

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National Financial Planning and wealth management firm Succession Group has promoted James Stevenson to the position of  group chief executive.

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The Department for Work Pensions has confirmed it will legislate to give millions of younger workers a better retirement through auto-enrolment pension savings.

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Old Mutual Wealth has agreed to sell its Single Strategy investment business to TA Associates, a private equity firm, for £600m.

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The parent company of Utmost Wealth Solutions - Life Company Consolidation Group - is to create a specialist wealth management firm as part of its acquisition of Generali PanEurope (GPE).

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