Keith Carby's Caerus Capital has bought Paradigm Financial Advisers (PFA) from the Paradigm Group.
Personal Touch Financial Services has announced 22 job losses and restructured its board of directors to achieve a 25% cost saving in an attempt to "realign the business" and cut £1.5m in costs.
Consolidating pensions through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.
MPs should lose their gold plated defined benefit (DB) pensions and see them replaced by a career average set up, the Independent Parliamentary Standards Committee (IPSC) has recommended.
A number of leading asset managers have introduced premium prices on popular products and specialist mandates ahead of the move to unbundled pricing next year.
The UK will return to growth in the second half of the year fuelled by consumer spending power despite exports continuing to disappoint, according to Ernst & Young's latest forecast.
Hargreaves Lansdown is topping the FTSE 100 leaderboard for a second consecutive day of trading as the index starts the week in the black.
All new business on Standard Life's wrap and FundZone platforms will be done on an advising charging basis from today.
Former Hargreaves Lansdown investment manager Ben Yearsley has joined Charles Stanley to help spearhead the group's new direct-to-client investment service.
Virgin Money has made "informal" contact with Royal Bank of Scotland (RBS) over the sale of 300 of its branches, after the original deal with Santander collapsed.