Paraplanners will gather in Warwick today (Weds 25 May) for the CISI Paraplanner Conference, with attendance over the two days estimated at around 150.

European asset manager Amundi has swooped to purchase an 87.5% stake in Kleinwort Benson’s fund arm.

M&G Investments has revealed this morning it will launch a new online service offering lower fund charges to direct customers.

A Financial Planner is developing a new smartphone app, which will provide a wealth dashboard for users.

Legal & General has acquired a £3bn annuity portfolio from Aegon, it was revealed this morning.

A chartered accountant who also acted as a financial adviser has been jailed for four years after he stole £107,000 of tax and tried to hide the money in his children’s bank accounts.

A Financial Planner has branded elements of pension rules a “dog’s breakfast” after the Bank of England’s chief economist said that even he failed to make sense of them.

Paraplanners have warned platform providers they must focus more on their service and not just on price.

A Fidelity equity product specialist on global and US funds has left to join Architas.

A Chartered Financial Planner has been hired as the new director general of The Enterprise Investment Scheme Association.