Two advice firms have joined wealth management group and consolidation vehicle Succession Advisory Services, bringing £80m to the firm's funds under management.

IFA and discretionary wealth manager AFH Financial Group has acquired Norwich-based independent financial advice firm Omega Consulting in its second deal of the year.

People managing to achieve a retirement income of £15k per year will be "comfortable", according to a report by the National Employment Savings Trust (NEST).

National advice firm Chase de Vere has reached a settlement with the Financial Services Compensation Scheme (FSCS) for an undisclosed sum to deal with claims of poor advice in relation to its sale of Keydata products.

Profits at financial services firm LEBC were up 38% last year, reaching £774,000 by September 2013, results show.

Two investors are taking TenetConnect to the Financial Ombudsman Service (FOS) after unsuccessfully trying to retrieve money lost due to what they claim was negligent advice to invest in an unregulated overseas property scheme.

Financial Conduct Authority (FCA) technical specialist Rory Percival today warned advisers they may be "flipping a coin" as to the suitability of their recommendations if they fail to personalise advice when using centralised investment propositions (CIPs)....

The Financial Conduct Authority (FCA) has issued a warning notice to a director of an appointed representative (AR) firm for promoting and arranging unregulated collective investment schemes (UCIS) despite its network not allowing UCIS business.

The story of the thumb-sucker: Is the FCA using supervisory shock tactics?

Life insurer Friends Life has reported a "limited immediate Budget impact" on its retirement income business but said it expects annuity sales to drop by up to 70% in the medium term.