Standard Life Aberdeen has confirmed that it is to sell the Standard Life brand to the Phoenix Group.

Adviser network Openwork, one of the UK’s largest, has rebranded as the Openwork Partnership from today.

SIPP provider Dentons Pensions has acquired MAB Pensions, a provider of small self administered schemes (SSASs), from Michael Ambrose Group (MAB), a Leicester-based financial adviser and pension administrator.

The FCA has imposed a number of restrictions on a car investment scheme provider and ordered it to halt regulated activities because of concern about its finances.

Bestinvest has reported a 33% rise in the number of poorly performing ‘dog’ funds over the past year with some major names faring badly, according to its latest ‘Spot The Dog’ fund report.

The latest issue of Financial Planning Today magazine unravels the pros and cons of trying to sell a Financial Planning firm during the pandemic.

LEBC, the retirement advisory firm whose CEO died suddenly last year, has reported a loss of £232,000 in its latest financial figures. 

Royal London paid out £13.1m in Covid-19 claims in 2020 to a total of more than 2,100 customers.

The Pensions Regulator (TPR) has reported a 50% surge in its use of enforcement powers during the final quarter of 2020.

Nearly six in 10 Financial Planners (58%) expect demand to increase for tax and estate planning advice over the next five years, according to a new report.