Royal London Group chief executive Phil Loney has called on the industry and regulator to come up with a "new form of advice" to service those at point of retirement and meet the challenge set by the Chancellor.
Ingenious Asset Management is to merge with Thurleigh Investment Managers, bringing together their respective investment teams under one roof.
Mark Carney said UK interest rates could rise before next May's general election if there are continued sustainable improvements in the economy, according to a report.
Morningstar has announced the winners of its annual fund awards, with Invesco Perpetual and Fidelity among the fund groups to take home major accolades.
Brewin Dolphin has promoted Guy Foster to the role of head of research, following the departure of Matthew Butcher last year.
A fresh record high for US equity markets lifted stocks around the globe overnight, after positive data in the States sent shares soaring.