Your profession

Our weekly heads-up on events, people moves and other bits for professional financial advisers...

AFH Financial has acquired the assets of Cornwall financial planning business Knight O'Byrne for a possible £1.2m.

How did you fare? The answers to our Ultimate Investment Quiz

Sesame is "not alone" in selling places on its restricted panel of product providers to the highest bidder, executive chairman John Cowan has said, as the network reels from a £1.6m fine for the banned practice.

Regulation round-up: Pensions taxation, guidance guarantee and party conferences

Sesame, the UK's largest network of financial advisers, has been fined £1.6m by the Financial Conduct Authority (FCA) for setting up a pay-to-play scheme that "undermined the ban on commission payments brought in by the Retail Distribution Review (RDR)"....

Past and present appointed representatives (ARs) of Sesame have expressed their anger at being told advice previously passed by the network as suitable has now been deemed wrong in a widespread review following a £6m fine from the regulator.

New business at wealth manager St James's Place (SJP) was up 18% in the third quarter of the year to £212m as clients took advantage of increased ISA limits, interim results show.

The destructive dynamic of complexity and regulation

The Financial Conduct Authority (FCA) has fined Yorkshire Building Society £4.1m for failings when dealing with its mortgage customers experiencing payment difficulties.