Companies

Fund factsheets from eight of the ten best-selling fund groups contain performance data that is six weeks out of date and fails to reflect recent market turmoil, according to research by a fintech firm.

Financial advisers who put ordinary investors' money into collapsed £60m property scheme Arck face an even greater struggle with complaints, after the Ombudsman upheld a ruling that the investment was likely to be suitable only for sophisticated clients....

Investment and advice group Tilney Bestinvest has bought financial planning firm Webb Holton & Associates, fueling its countrywide expansion drive.

Suspended second hand life policy investment EEA Life Settlements has found a broker with clients interested in buying up investors' trapped holdings - at a discount.

A Serious Fraud Office (SFO) investigation into criminal wrongdoing by multi-million pound overseas investment Harlequin is entering the "final stages", the SFO said, as it asks investors for the latest information on their dealings with the company....

The Financial Conduct Authority (FCA) has banned another former director of one of the main distributors of troubled investment Harlequin Property, fining him £165,900 for failings linked to pension advice.

The changing shape of adviser mergers

How Independent Financial Solutions invests clients' money

How Glasgow-based Finesco Financial invests clients' money

Investment and financial planning businesses Jonathanfry and Easby Gale and Phillipson (EG&P) have completed a merger to form a company with offices across the North East and Yorkshire running £700m of clients' funds.