Abbey Life is to be taken over by Phoenix Group Holdings in a deal worth nearly £1billion.

A new level 4 Financial Planning & Advice exam launched by the CISI has won the FCA’s approval.

A fraudster who used clients’ millions to fund a lavish lifestyle will stay in jail for an extra 603 days – on top of the 7 years he was already given.

Annual growth in equity release lending has reached the highest level seen for over a decade.

Members with any lingering doubts about the IFP-CISI merger have been told “it’s time to get behind it and make it what you want it to be”, ahead of next week’s annual conference.

Close Brothers Group has agreed to sell off an investment management firm for an undisclosed sum.

Charities could help tackle financial illiteracy by advising difficult to reach people on their money troubles, a think tank has proposed.

HMRC says it has protected £916 million in tax after winning its tenth successive case against tax avoidance schemes promoted by NT Advisors.

A former Nutmeg boss has moved to take a new role at investment and wealth management group Walker Crips.

Retirees are spending more of their cash on gambling than working people, a report says.