National IFA Cavanagh Group has confirmed it has entered into preliminary discussions that could lead to the company being taken over.

The advisory community will pay a smaller proportion of the overall Financial Ombudsman Service (FOS) Levy in 2011/12, although the explosion in PPI cases could cancel out any savings.

Principal Investment Management's parent company has acquired Border Asset Management to create a national discretionary investment management businesses.

Alan Lakey, founder of IFA lobby group Adviser Alliance, has hit back at comments made by new AIFA director general Stephen Gay on "shouting" anti-RDR pressure groups.

Software provider Prestwood is to host a series of masterclasses to introduce comprehensive financial planning to advisers.

Financial Express has completed its purchase of the eValue business from Towers Watson, with all current management and employees moving across.

The New Model Business Academy (NMBA) is offering members a structured programme to help them attain a Diploma in Professional Financial Advice, in partnership with e-assessment specialist Calibrand.

A French businessman has been jailed for 18 months for refusing to cooperate with the FSA in an investigation into an possible illegal investment scheme.

US GDP grew to an annualised rate of 3.2% in Q4 2010, driven by consumer spending.

Former The Apprentice contestant and mortgage broker Christopher Farrell today received a nine-month suspended prison sentence for doctoring applications to hit sales targets.