Companies

The chief executive of life and investments provider Royal London has renewed his criticism of proposals to tax income saved into pensions like an ISA.

Two funds to be run by external groups including Schroders and TwentyFour

Santander has set aside £43m to cover claims relating to the sale of wealth and investment products after the bank was fined by the regulator for advice failings.

Gross redemptions at £4.5bn

Third quarter figures offer evidence of turnaround, says Aviva chief

Investment management and advisory group Tilney Bestinvest has said more than 20 staff will be affected by a decision to relocate part of its London operation, following a review of its execution-only business.

Advice and investment management firm Tavistock Investments has created a new network of financial advisers following its takeover of Financial Ltd - but has lost 54 advisers in the process.

Helped by JPMAM acquisition

Support services provider SimplyBiz has swung deep into the red after writing down a loan to national advice firm Sandringham Financial Partners and suffering losses from its investment in employee benefits business Staffcare.

Just a fifth planning internal succession