Fund manager Gervais Williams says he manages his own finances because financial advisers are expensive and apt to confuse.
Advisers can service the projected hard to reach middle-market post-Retail Distribution Review (RDR) with a good value proposition, according to Aviva.
A tough stance by the incoming Financial Conduct Authority (FCA) to act "early and decisively" will bring integrity back to financial markets, chief executive designate Martin Wheatley has pledged.
The state of banks' financial health remains "obscure" and they are not worth investing clients' savings in, fund manager Liontrust has said.
A cut to the annual allowance in the Autumn Statement would hit middle-class savers who increase contributions to their pension pot later in life, the industry warns.
Aviva has appointed Mark Wilson as its next chief executive.
Credit Suisse is to combine its private banking and asset management divisions to create a wealth management arm.
Consumers are overwhelmingly unwilling to pay for fee-based financial advice, according to a YouGov poll, with some expecting to pay as little as £10 per hour.
Former UBS trader Kweku Adoboli has been found guilty of one count of fraud by a jury after a trial investigating the $2.3bn rogue trade at the Swiss bank, according to reports.
Cheshire-based IFA Poppy Red is to broadcast a series of four webinars aimed at bringing to principles of financial planning to the wider public.