Aegon UK today unveiled Iain Black as chief operating officer (COO), distribution, and appointed former Sesame Group CEO Patrick Gale to its Distribution Board.

Advisers lacking specialist investment expertise should be "discouraged" from recommending funds of hedge funds and other alternative investments, despite the FSA unblocking access for retail clients.

The Institute of Financial Planning (IFP) will hold pilot paraplanning examinations in the next month as the professional body prepares to roll out the country's first level four qualification for paraplanners.

Last week, the financial ombudsman (FOS) published, for only the second time, the number of complaints against authorised firms referred to its office.

A year and a half after the depths of the financial crisis, independent financial advisers in the US are slowly shifting client assets out of cash and back into the market.

Greece is prepared to turn to the IMF for help if its European neighbours fail to provide the financial assistance it wants after announcing the toughest spending cuts in decades.

The City's leading investment banks are falling over themselves to get a slice of the $700m in fees on offer from Prudential's record $21bn rights issue.

Isn't Google amazing? If you want to find out the answer to an obscure question, the exact location of an address you are heading to, or a photograph of a movie star you admire, positive results are only a few clicks away.

AWD Chase De Vere has agreed a £1.4m four-year deal with Focus Solutions to provide software support to its team of 178 advisers.

David Cameron is facing questions about how much he knew about Tory deputy chairman Lord Ashcroft's "non-dom" tax status.