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Financial advisers should not be asked to help fund the government's retirement guidance service unless it is of demonstrable benefit to firms, the managing director of support firm SimplyBiz has said.

Executive chairman of advice firm Mattioli Woods Bob Woods is to keep his 15.1% shareholding in the company following the divorce from his wife but will pay out half its value, the pair have agreed.

Preparing for the sunset clause is both urgent and important

Is this lowly figure the advice profit margin of the future?

The Conservative government will introduce legislation ruling out increases in income tax, value added tax (VAT) and national insurance rates for the next five years, it was confirmed in the Queen's Speech, which also detailed plans for an in-out EU referendum...

Wealth manager Towry is to move its self-invested personal pension (SIPP) clients onto the James Hay platform after the closure of its SIPP operation later this year.

The Financial Ombudsman Service (FOS) has criticised a high street bank for improperly classifying a risk-averse couple as ‘experienced' investors, and ordered it to re-calculate its initial offer of compensation.

A website is offering telemarketers access to hundreds of individuals it claims are interested in transferring their pots, for a small fee.

Stewart Ford is seeking £650m in damages from the financial regulator and administrator PricewaterhouseCoopers (PwC) for "causing" the collapse of Keydata, the investment firm he founded and which attracted almost £500m of investors' capital.

The Financial Conduct Authority (FCA) has indicated it plans to fine former Keydata chief executive Stewart Ford £75m and ban him from any role in financial services for failings related to the investments' sales and, ultimately, failure.