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Swedish banking group Handelsbanken has acquired UK wealth manager Heartwood for an undisclosed fee.

Trevor Matthews, chief executive of Aviva UK, is to step down from the role.

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The New Model Business Academy (NMBA) has said it is moving away from its original focus of preparing advisers for the Retail Distribution Review (RDR) now that the deadline for implementation has passed, and will instead be helping advisers build on...

George Osborne will be forced to borrow more money this year than last as his plans to cut the deficit are blown wildly off course, an influential report has warned.

The Serious Fraud Office is facing a £200m lawsuit and accusations of misfeasance in public office in a record damages claim filed by entrepreneur Vincent Tchenguiz.

The Bank of England may need to carry out more money-printing to stimulate the economy despite rising opposition, according to the Organisation for Economic Co-operation and Development.