News

Close Brothers Asset Management has acquired independent financial planning business Mackay Stewart & Brown.

Aviva has updated its protection offering, allowing multi-product quotes for the first time, live case tracking and a promise of 10% extra commission for advisers using its 'interactive' underwriting mode.

Brewin Dolphin has been named as a prime candidate to join the wealth management M&A merry-go-round by broker Liberum Capital.

A former JP Morgan investment adviser has been accused of stealing at least $20m from clients and using the money to trade on his own account and to pay off his mortgage.

Ernst & Young (EY) has paid $10m to settle claims it was negligent in it duty as auditor when it failed to raise the alarm when Lehman Brothers was heading towards collapse.

A former professional indemnity insurance broker has been banned by the regulator for giving forged evidence and lying to the High Court.

IFA and employee benefits adviser Helm Godfrey has launched its own app to allow clients to access its services 24/7.

Life insurers received three times more telephone calls than average in the week following the implementation of pensions freedom, figures show.

Annuities will continue to play an important role in retirement planning and income despite predictions of their demise in favour of drawdown, Billy Burrows has said.

Advisers and investors face further uncertainty over their fate as the Financial Services Compensation Scheme (FSCS) has once again delayed a ruling on advisers' liability for investment losses in overseas property scheme Arck.