AFH Financial Group has acquired Origin Financial, an IFA based in Hagley, West Midlands for £1.1m.

Fund groups found to have used commissions to pay for access to corporate executives will not face financial penalties, the FCA has said.

The government's move to cap pension charges ignores annuity contract 'cowboys' who are ripping off retirees, the Telegraph claims.

Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch numbers reduced and staff redundancies, according to reports.

The number of suspicious pension transfer requests with suspected links to liberation fraud is spiralling and the government must act decisively on the issue, Aviva has said.

More than a quarter of advisers saw preparation and implementation of the Retail Distribution Review (RDR) as the "toughest" period in their professional life, a survey has found.

Adviser commission on auto-enrolment pension schemes established before the Retail Distribution Review (RDR) could be scrapped under measures announced by the government.

MOVERS & SHAKERS

Standard Life's sales of long term savings products increased significantly in the first nine months of the year on the back of auto-enrolment.

Pension provider Aegon has warned the government not to act rashly on auto-enrolment scheme charges, saying an outright cap may harm the policy.