The former head of an IHT and estate planning specialist firm bought out by AFH Financial Group has been hired to run a new Midlands-based advisory business.

The death of the private pension may have begun, a chief executive believes, as figures released this morning suggested wealthy investors have been ‘shunning’ them in favour of equity ISAs.

The FCA has criticised some firms for failing to assess if Contract For Difference products are suitable for clients.

A consumer finance expert at Standard Life has been appointed to a newly created role of charities specialist.

Legg Mason has announced fee reductions for its UK authorised fund range this morning.

The future of the Sesame Bankhall Financial Adviser School has been secured after Intrinsic sealed a deal to take it over.

A director whose misconduct contributed to the failure of several insurance schemes and led to FSCS compensation pay outs of £12.7m has been fined £1m and agreed to pay £13m to insurers.

Speculation that Tilney is involved in a process for a £700m takeover of Towry is wrong, Financial Planning Today understands.

About 45% of financial advisers might back a return to commission for some investment products, a survey has suggested.

eVestor, the new online investment advice business, has appointed a new technical development director to deliver the firm's new online and app based propositions.