Saga paid 12 people £13,000 each in compensation after one of its advisers mis-sold them funds within long term care (LTC) plans.
Personal pension providers are failing to properly run existing business, according to research company Defaqto.
European Wealth Management Group, the firm set up by ex-Ashcourt Rowan chief executive Rod Gentry, has bought Aventus Capital Management.
Nick Bamford, executive director at Informed Choice, has made a short video outlining five mistakes he believes his company made as it prepared for the Retail Distribution Review (RDR).
Zurich UK Life has recruited 20 staff from rival platforms as it prepares to launch its retail platform later this year.
Banks and providers will create services to help customers shop around for annuities if reforms to the open market option (OMO) succeed, Steve Lowe, director of external affairs at Just Retirement says.
JLT Wealth Management has unveiled a telephone-based advice service for its individual and corporate clients in preparation for the retail distribution review (RDR).
Advisers must tell clients buying advice lets them transfer some of the liability for transactions to their IFA, Stephen Gay, director general of the Association of IFAs (AIFA) said.
Last week was a huge one in the ten year history of Professional Adviser (PA) magazine.
The government must confirm if auto-enrolment is to be put on hold to prevent damage to businesses, following reports it could be delayed, industry figures say.