Insurance

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.

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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).

Insurer Aviva has strengthened its balance sheet by selling its 34 million share stake in Dutch insurer Delta Lloyd via a private placing.

A Bath-based financial adviser is accused of murdering his 28-year-old girlfriend with an electrical cable.

Friends Life has confirmed 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

Standard Life has confirmed it is to cut 139 jobs from across its business