Owners of Financial Planning and advice firms have been warned to avoid a ‘rushed’ or ‘desperate’ sale.

Old Mutual is selling a stake in its US asset management arm, it revealed this morning.

The FOS has ruled against an IFA firm over a Sipps case, concluding that ‘unsuitable advice’ was given.

Mums have lost hundreds of millions of pounds in retirement, a pensions firm has calculated, because of a change in the rules on child benefit.

A 3,000 strong adviser network is launching a new discretionary service next month.

Financial advisers have shared their opinions on the service they receive from over 200 providers including platforms and DFMs.

Pension professionals fear a one size fits all ‘auto-drawdown’ policy will hurt clients, and they have suggested advice vouchers should be re-examined.

The FSCS has this afternoon named 40 companies that are in default.

A state pension ‘train crash’ looms, the PFS has warned today, after the latest review emerged.

Former Pensions Minister Ros Altmann has criticised today’s new state pension review for rejecting early access.