A financial adviser is among 13 people charged in connection with allegations that they conspired to cheat HM Revenue & Customs (HMRC) out of £2.5m of tax via a complex film scheme designed for that purpose.

A tax avoidance scheme sold by serial avoidance promoter NT Advisors has lost its third bid for legitimacy, saving the country £100m, HM Revenue & Customs (HMRC) has said.

Network Openwork has appointed Christopher Rodrigues as chairman.

The True Potential group has reported its net profit for last year was up 47% as it benefited from a drastic increase in adviser numbers.

More than one in ten retiring Brits spend less than an hour sorting out their financial future, research suggests.

The Bank of England governor will enter the Scottish independence debate by reflecting on the currency implications of a "Yes" vote in the referendum.

Barclays plans to close a quarter of its branches in the UK and cut hundreds of jobs in its investment banking division as part of a restructuring.

Sesame advisers will no longer be able to recommend non-mainstream investment products under the firm's new restricted proposition, managing director Stephen Gazard has said.

A private equity firm has bought a majority stake in national financial advisory business Succession.

Advisers have to probe clients with both ‘positive' and ‘negative' questions to meet the regulator's expectations about assessing attitude to risk, according to Zurich strategic partner specialist Andy Woollon.