North East-based, fast-growing Financial Planner Fairstone is moving its HQ from Newcastle to new offices on the outskirts of Sunderland.

People aged 50 and over on average believe they will live until around 80 despite official figures suggesting they will live for several years longer.

The Financial Services Compensation Scheme has declared in default four advice firms - based in Manchester, London, Honiton in Devon and Rayleigh in Essex.

Swiss bank and wealth manager UBS has completed its £2.5bn takeover of troubled rival Credit Suisse to create a wealth management giant with approximately £3.8bn of invested assets.

Leeds-based finance firm boss Francis Wainwright has been sentenced to seven years in prison after admitting running a £20m Ponzi scheme which cheated elderly and vulnerable investors.

Wealth management and professional services group Evelyn Partners has struck a deal to acquire Dart Capital, a City of London boutique wealth manager for an undisclosed amount.

The executive committee of Odey Asset Management LLP - the partnership which runs Odey AM - has removed founder Crispin Odey from the partnership following allegations in the Financial Times about Mr Odey and governance at the investment firm.

The Financial Services Compensation Scheme has declared pension adviser Thomas Financial Limited (FRN 473555), based in Newport, Gwent, in default.

City of London Police have launched an international manhunt for a "career criminal" who ran a Ponzi-style investment scheme which cheated £70m from victims.

Fintech FE fundinfo has launched an integration link between its cashflow modelling software Cashcalc and its investment stats service FE Analytics.