Mary-Anne McIntyre is leaving Old Mutual Wealth (OMW) after just three months at the business.
The Treasury wants to make advice mandatory for sales of annuities on the secondary market, it has said in a statement today.
Financial services firm Sanlam will bring its UK businesses under a single management structure from January.
The Financial Ombudsman Service (FOS) has proposed to increase its levy on the industry by 5% while freezing case fees for the fourth year running.
New rules for consumers missing out on best deals
Gordon Brown has joined global investment management firm Pimco as an adviser on economic and political issues.
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Rules as proposed are 'complex' and 'unfair', according to the TSC chairman
Low fees change consumer perception of the value of advice