RSM Tenon has bought Vantis Financial Management, the day after the IFA firm's parent company was put into administration.

The FSA says the management of the £110bn closed-ended with-profits sector has generally improved since its last review in 2007, although there are still areas for concern.

Updated 15.00 UK time: The FTSE 100 is down 3.05%, or 154 points, to 4917 as concerns about the Chinese economy weigh heavily on investor minds.

Industry commentators say Aviva could set its sights on arch-rival Prudential, which is still recovering from its failed $20bn takeover of AIG's Asian business.

The coalition government will tackle Equitable Life compensation payments in the first session of parliament, a Treasury minister has said.

The FSA proposes a system of co-operation between the regulator and accredited bodies to ensure advisers are meeting its professionalism standards post-RDR.

Barack Obama and David Cameron said stricken oil giant BP should "remain a strong and stable company".

UK banks could be under further pressure to curb lending after the G20 drafted rules to force them to bolster balance sheets by as much as £130bn.

IFAonline Editor Katrina Baugh recently chaired an online Conjecture debate on the complications advisers face when assisting clients as they reach retirement. Has the client accessed their open market option? What kind of annuity is right for them? Would...

Openwork has launched a campaign with several mortgage lenders to encourage interest-only borrowers to switch to a capital and repayment loan.