Regulation

Assets under administration up 18%

Plans to develop offering

Concern firms could suffer 'reputational damage'

Pay per employee has risen by 22% at AM firms since 2006

Potential problems for investors

The Financial Conduct Authority (FCA) is investigating thousands of annuities sold since 2008 to see if they were unsuitable for savers.

Wealth manager agrees to buy Midlands firm

Average age of advisers edging up

Working together with regulators will help fund managers to succeed

Communicate smarter not harder