Financial adviser and consolidator Perspective Financial has unveiled plans to float on the Alternative Investment Market (AIM) in a move to raise £28m.
Chase de Vere today announced steep losses for 2012 of £11.2m, impacted by the £14.4m set aside to cover the costs of its Keydata legal battle and compensating clients sold Arch cru and payment protection insurance.
Wealth manager Ashcourt Rowan posted a loss of £2.5m in the 12 months to April as the group continues its transformation into a holistic financial planning business.
Legacy commission still accounted for more than half of adviser income at end of March, according to research released today.
The number of financial advisers with chartered status has increased 24% year on year, according to a document released by the Chartered Institute of Insurance (CII) today.
The Financial Services Compensation Scheme (FSCS) has detailed how it plans to distribute recoveries it anticipates to receive from Lifemark SA, a bond provider whose products were marketed in the UK by collapsed firm Keydata, with investment advisers...
Advisers and agents selling clients investments in Caribbean villas run by Harlequin Property received commissions of up to 15%, according to a lawyer close to the situation.
Tributes are continuing to flood in for Len Warwick CBE, a former president of the Life Insurance Association (LIA), who died on Sunday.
Len Warwick, who has been described by colleagues as a "pioneer" of professionalism and treating customers fairly (TCF) in financial services, has died aged 68.
Banking giant HSBC has proposed reducing staff numbers by 1,149 as part of a restructure of its wealth business.
Harlequin Management Services (South East), which trades as Harlequin Property, has filed a notice of intention to appoint administrators at the High Court of Justice.
A private client adviser at wealth firm HFM Columbus Asset Management has been charged with the murder of a wealthy socialite, according to reports.
St James's Place has broken its silence over its sacking of Taube Hodson Stonex Partners (THS) after a twenty-year relationship.
The Financial Services Compensation Scheme (FSCS) will not compensate investors bringing claims against Rockingham Independent for allegedly negligent advice - meaning there will be no additional levy for advisers.
The Personal Finance Society (PFS) has announced that Scott Goodsir, managing director and head of wholesale for BNY Mellon Asset Management, has been appointed as an adviser to its board.
Former world heavyweight boxing champion Mike Tyson is suing his financial adviser for allegedly embezzling more than $300,000 from him.
A man and woman from Enfield who ran a financial advice firm have each been jailed for two years for fraudulently trying to claim almost £145,000 in Gift Aid.
Sanlam Private Wealth has acquired the client bank of two more financial planning companies as part of its drive to increase its presence in the UK.
THE WINNER IS
Standard Life Wealth has appointed David Driver as managing director.
National wealth manager, Bellpenny, has acquired Monmouthshire Independent Financial Advisers (MIFA), a subsidiary of Monmouthshire Building Society.
Analysts at HSBC have suggested the popularity of balanced funds towards the end of 2012 was due to advisers attempting to maximise commission income before the implementation of new rules following the Retail Distribution Review (RDR).
A Bath-based financial adviser is accused of murdering his 28-year-old girlfriend with an electrical cable.