Financial Planners are being driven from the defined benefit pension transfer market due to an inability to secure affordable professional indemnity insurance, according to the Personal Finance Society.

7IM has launched its Responsible Choice Model Portfolios to broaden its offering of ESG options for Financial Planners and their clients.

Yorkshire-based Chartered Financial Planner Belmayne has added to its Financial Planning team and said it is looking for more planners to join the firm.

Almost one in ten investors (9%) said that the source of information they have turned to most to help decide on their investments is social media, with 7% now regarding it as their most important source of information.

RSMR is dropping VAT from the 0.15% annual management charge on its Managed Portfolio Service (MPS).

An ex-employee of Goldman Sachs is one of two brothers that face criminal proceedings for insider dealing and fraud.

A former Schroders worker has been sentenced to 8 years in prison for his role in a three man gang which was caught in connection with the supply of £6m worth of cocaine.

More than 350 financial advisers have pledged to adopt the Financial Vulnerability Taskforce Charter in its first two weeks since launch.

The Association of Investment Companies (AIC) is creating three new investment company sectors as part of a sector reshuffle.

Expanding Financial Planning firm Progeny has acquired Leeds-based legal firm Watsons Law for an undisclosed sum.