An initiative that will see savings clubs set up in primary schools to help children develop sensible money habits has received government funding.

Anne Richards, the chief investment officer (CIO) at Aberdeen Asset Management, and Elizabeth Corley, chief executive of Allianz Global Investors, have become CBEs in the 2015 New Year Honours List, published today.

The Association of British Insurers (ABI) has updated its guidelines on how critical illness (CI) policies should be described and explained to consumers, in a move it hopes will ultimately lead to fewer declined claims.

So you think you need a paraplanner? Read this first...

How investment trusts can settle clients' income concerns

The banning of commission on retail investments and the subsequent revelation of the "true cost" of advice has led some clients to consider the value of what their adviser offers, the Financial Conduct Authority (FCA) has conceded.

The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its "once in a generation" project to revamp the retail investment advice market, is working, though some concerns remain on the costs and labels of advisers' services....

TISA Exchange, the ‘contract club' launched almost two years ago to facilitate the electronic transfer of assets between platforms, has reported on its "incredible" progress, pointing out transfers that previously took up to three months have on occasion...

Small firm consolidation in the financial advice market has yet to materialise as predicted because many owners are "hanging on" to the trail commission they earn on pre-Retail Distribution Review (RDR) business, according to one acquirer.

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