News

Consolidator and wealth manager Succession Group has made its tenth acquisition putting it a step closer to achieving its target of 50 firms by 2017.

Fee-based IFA Money Wise is looking to recruit advisers after putting a full-year loss for 2013 down to its "sub-scale" branches.

The Financial Conduct Authority (FCA) has fined Deutsche Bank £4.7m for incorrectly reporting financial transactions for six years between November 2007 and April 2013.

The British Chambers of Commerce (BCC) has upgraded its UK GDP forecast for 2014 but cautioned the recovery may be short-lived unless exports bounce back.

IFG Group, which owns James Hay Partnership and high net worth IFA Saunderson House, has agreed to sell its Irish pension administration and advisory businesses for £10.8m.

In this week's RP quick fire poll we asked readers to tell us how they expect the equity release market to develop.

Independent advisory firm Saunderson House, which charges for advice on a per-hour basis, posted a 6% increase in profits to more than £4m in 2013.

A 'charter' for financial services firms using social media has launched weeks after the regulator published guidelines on how to communicate compliantly on platforms such as Facebook and Twitter.

All regulated financial advisers could be included on a new directory being set up by the Money Advice Service (MAS) after the industry and consumers gave the green light to the project.

Equity release specialist Bower Retirement Services has set out plans to double its adviser force following an upturn in business volumes.