Sesame Ltd, the UK's largest network of financial advisers, has been fined £1,598,000 by the Financial Conduct Authority for setting up a so-called 'pay-to-play' scheme which the regulator says undermined the ban on commissions introduced by the RDR.

The UK adviser network On-line Partnership Group (OLPG) has been rebranded as IN Partnership.

Nucleus, the adviser-focused wrap, has announced that Doug Heron from Scottish private bank Adam & Co will be its new chief financial officer (CFO).

Legal & General Investment Management has reduced charges by up to 55% on a number of funds in its retail index fund range.

A survey by the chartered accountancy firm HW Fisher & Company has found that most Britons have little or no grasp of the raft of pension changes announced this year. 

The Financial Conduct Authority is proposing new requirements that would apply when mutual society shares are sold to ordinary retail investors.

For the fourth year in succession Financial Planning firm, Almary Green, has celebrated its business success by giving away more than £10,000 to good causes.

The FCA has fined Yorkshire Building Society £4,135,600 for failings when dealing with its mortgage customers experiencing payment difficulties.

Financial Planners have won the praise of a cancer charity for their generosity after donating about £10,000 at the IFP Annual Conference.

The IMA has reported that funds in its UK All Companies sector saw a net outflow in September of £852m - the largest ever. Read more ...