IFA consolidator AFH Financial has acquired the assets of two advisory businesses, adding £55m in client funds.

The proliferation and popularity of exchange traded funds (ETFs) is set to continue, with asset growth forecast to reach $50trn by 2020, a report suggests.

The Financial Conduct Authority (FCA) has set out its final definitions of regulated advice and personal recommendations in retail investment, in a move it hopes will help firms develop 'low cost' distribution models with confidence.

Did the Swiss franc just become the new Deutschemark?

Saga and Tilney Bestinvest are to launch a joint venture offering investment and financial planning services to the UK's over-50s.

Retirees who had already purchased an annuity may be able to benefit from the pension freedoms announced at last year's Budget by selling theirs to the highest bidder.

The banning of commission on retail investments and the subsequent revelation of the "true cost" of advice has led some clients to consider the value of what their adviser offers, the Financial Conduct Authority (FCA) has conceded.

The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its long-standing project to revamp the retail investment advice market, is working, though some concerns remain on the costs of advisers' services.

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

Interest rates for the new 'pensioner bonds', announced in the Budget 2014, have been set at a market-beating 2.8% for the one-year product and 4% for the three-year bond.