Alok Dhanda found guilty of 37 counts of fraud.
Richard Clay pleads guilty to three fraud charges.
PMI and JLT aim certificate at administrators, paraplanners and HR professionals.
DWP committee say poor customer outcomes will be “FCA’s fault”.
But Pensions Ombudsman warns member’s entire savings could have already “disappeared”.
Insurer responds to “changing adviser behaviour”.
Regulator admits advice labels are not resulting in better consumer understanding.
Research says some advisers are recommending low-cost passive funds rather than reducing charges.
Consolidator eyes acquisitions in new locations.
Firms will not have to specialise in retirement advice to be included in directory.
Damning Treasury-commissioned report recommends 60 per cent cut in staff numbers and budget cuts of £30m.
Former Towry boss Andrew Fisher has joined the business advisory board of Davy Private Clients.
Almost one in five advisers have asked clients who have less than £50,000 to invest to leave.
Openwork has announced plans to expand its Omnis Graphene multi-asset fund range, adding an income solution alongside its existing Cautious, Balanced and Adventurous risk-rated model portfolios.
Sipp provider changes process after FCA visit.
New body will host its inaugural conference in February 2015.
Employers can choose from a range of LGIM default funds charging up to 0.74 per cent.
Leaves discount broker after 15 years with the firm
Departures are the latest in a series of high profile exits.
IFS director Paul Johnson says specific details of the cuts had yet to be confirmed by the Treasury.
The Governing Council of the European Central Bank announced it is keeping interest rates on hold at the its monthly meeting today.
Six IMA members are set to invest around £9bn in UK private placements and other direct lending to UK companies over the coming five years
Vanguard brought in some $21.3bn inflows in November into its index tracker funds.
Bank is set to launch in 2015 and says Woodford is a “cornerstone” of its shareholder base which has raised £25m of equity investment.
The Government has launched a £360m crackdown on hedge funds and private equity funds disguising income by rolling management fees into performance fees.
The Government has U-turned on its proposals to introduce a single nil-rate inheritance tax band across multiple trusts in April 2015.
The Office for Budget Responsibility has revised down its forecast for unemployment for next year to 5.4 per cent and says it will then settle at 5.3 per cent.
The UK Treasury is set to offer a carve out in the Capital Gains Tax regime for non-UK asset managers.
Kames Capital has doubled its absolute return range with the launch of two market neutral equity funds.
Brewin Dolphin’s profit before tax fell 70 per cent to £8.6m in the 12 months to 28 September, largely due to £34m costs associated with its major technology writedown.
Tesco has reinstated one of the executives it suspended following the overstatement of its half-year profits.
Old Mutual Wealth is to convert clients into clean share classes automatically where they are invested in funds that merge following guidance from the FCA.
IFA Consolidator firm Bellpenny has acquired Essex-based IFA business Unizone.
Aberdeen was hit by £20.4bn outflows from its business in the year to 30 September 2014, its annual accounts have revealed.
Adviser-led Retirement Account allows savers to combine annuities and flexi-drawdown in one product.
Euro area inflation fell to 0.3 per cent in November, from 0.4 per cent in October, according to the latest flash estimate by Eurostat.
Chris Gilchrist’s FiveWays Financial Planning has teamed up with discretionary model platform provider Parmenion for the launch of its new investment proposition.
Japanese core inflation fell to a 13-month low of 0.9 per cent in October with not long to go before a vote on a rise in sales tax.
Advisers using documentaries, seminars and writing books to reach out to new and existing clients.
Alliance Trust has appointed former Lloyds Banking Group insurance division finance director Gregor Stewart as non-executive director.