Two firm directors who lost investors about £60m in a scheme the Serious Fraud Office (SFO) branded "an elaborate scam" have had their sentencing postponed following fresh allegations made at the eleventh hour.
More than three quarters of people nearing retirement do not yet know which route they will take to fund later life, according to research.
Listed financial services group Tavistock has raised a further £300,000 to be used as working capital following the buyout of network Financial Ltd.
The Chartered Insurance Institute (CII) is to launch a new voluntary exam for advisers wanting to prove their competence around the new pension rules.
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The Financial Conduct Authority (FCA) is to launch its first review of competition within investment banking, with a view to conduct a similar market study into asset management later in the year.
Rathbones saw its funds under management boosted in 2014 thanks to deals with Jupiter Asset Management and Deutsche Asset and Wealth Management.
Aegon UK posted a 37% increase in earnings in the fourth quarter of last year, compared with the same period in the year before, citing increased demand for income drawdown on its platform.
National advice firm LEBC has posted a 43% increase in pre-tax profits for the last year, saying it had benefited from the "positive impact" of the incoming pension freedoms.