The Financial Services Compensation Scheme (FSCS) has said the 150 claims it is investigating against poor advice to invest in apparently tax efficient schemes relate to business written in the decade from 2000.

The Financial Services Compensation Scheme (FSCS) has begun processing about 150 individual claims related to advice to invest in tax 'mitigation' schemes after being given the green light by lawyers.

Chancellor George Osborne will deliver his Autumn Statement alongside the government's spending review on 25 November.

Sesame Bankhall Group (SBG) has reconfigured its management team following a strategic review that led to the demise of its investment advice network earlier in the year.

Zurich is planning to launch a drawdown product that allows clients to convert assets into an income for life at a chosen point in retirement.

The Society of Later Life Advisers (SOLLA) has created an industry standard for retirement advisers.

Wealth manager Mattioli Woods has bought advice firm Taylor Patterson for £8.3m, adding a further £640m to its £5.4bn of client assets.

Pensions minister and Conservative peer Ros Altmann has been expelled by the Labour Party after it emerged she had been a member for the past 18 months.

The Financial Conduct Authority (FCA) is considering its regulation of the equity release market amid concerns a "dirty word" reputation has led to an under-functioning market.

The Institute of Financial Planning (IFP) is to announce its decision on whether or not to merge with the Chartered Institute for Securities & Investment (CISI) on Monday 7 September, following a four-week consultation with members.