A large number of ‘baby boomers’ - those aged 55-73 - have little appetite for investment risk and 39%  have ‘zero’ willingness to take a risk with their money, according to a survey.

An accountant who acted as a trustee and administrator to pension schemes has admitted to taking more than £280,000 of pension funds to pay for his own investments including a nursery and physiotherapy business.

XPS Pensions Group, the pensions, investment and admin specialist, has added Susan Middleton and Julia Falk to its expanding specialist investment transitions team.

The Association of Taxation Technicians has warned that smaller family trusts - of the type often used by Financial Planners - are threatened by a rising red tape burden.

Wealth manager St James's Place plc has reported an 8% increase in partner numbers to nearly 4,000 in a buoyant set of full year results out today.

New standards for professional pension trustees have been published today by the Professional Trustee Standards Working Group.

FCA chief executive Andrew Bailey says the MiFID II changes are saving investors £180m a year and could save them up to £1bn over 5 years.

Janus Henderson has today launched the Janus Henderson Absolute Return Fixed Income Fund to fill the gap between money market funds and conventional core fixed income.

Financial Planner Martin Adrian King, 56, of Beckenham, London, was given a suspended 18 month sentence this week after pleading guilty to hiding £235,000 in income from work he did with fraudster Antony Blakey through an offshore scheme.

Adviser network Sesame Bankhall Group has appointed Richard Howells as managing director of Sesame Network to help drive growth in digital services.