Adviser firm consolidator AFH Financial Group has acquired the assets of a South East business, including its five advisers and principal, in a deal worth up to £973,000.
This signposting to advice is welcome indeed, but...
Labour will cap the pensions lifetime allowance at £1m and restrict the annual allowance to £30,000 to help fund a £2.7m reduction in tuition fees if elected, it has announced.
Restricted advice group Towry is evaluating its house view on structured products and investment trusts following its acquisition of national IFA Ashcourt Rowan, in a move which could see the combined business registered as independent.
People wanting to cash in their entire pension pots without taking regulated advice should be subject to a mandatory 30-day cooling off period, advice firm LEBC has said.
Nine safe bets (and a few unsafe) from pensions 'freedom'
The public may view all protection products as "toxic" following the payment protection insurance (PPI) mis-selling scandal, according to the chairman of the All Party Parliamentary Group for Insurance and Financial Services.
What to include in client files to keep all parties (including the FCA) happy...
Shares in wealth management group St James's Place (SJP) rose almost 5% after it reported a near-30% rise in profits last year despite a negative contribution from its distribution business.
Just Retirement has reported annuity sales almost in line with its pre-Budget numbers, thanks in part to strong defined benefit (DB) sales in the second half of last year.