AFH Financial Group PLC, an independent financial advisory and discretionary wealth management firm, has raised £2.8m to fund its acquisition strategy.

Today insurance giants who condemn savers to a life sentence of rip-off pension payouts by depriving them of thousands of pounds of income have been named and shamed - by their own industry body.

Millions of people currently entitled to the state second pension will be worse off as a result of the government's pension changes, the TUC has claimed.

Adviser support group Tenet is warning that unless the approximately 38,000 medium-sized employers due to be staged for auto-enrolment next year start planning now, many will struggle to get the help they need.

Entrepreneur Ivan Massow's controversial trail rebate firm has gone out of business because "it made a loss every time" it paid commission back to a customer.

The son of troubled overseas property company Harlequin's chairman has been disqualified from being a company director for 13 years.

Network Financial has said its adviser numbers are down about 8% since the start of the year, as advisers retire or go directly authorised.

Brooks Macdonald Asset Management (BMAM) has appointed Lisa Brown as an intermediary sales manager.

JP Morgan is facing accusations that it hired the children of influential Chinese officials to help the investment bank win business in China.

An independent financial advice firm is facing £1m in claims from clients who say it misled them over fees on a film tax scheme.