Jupiter is handing its £60m investment trust savings and ISA businesses to Hargreaves Lansdown to administer, in a deal for an undisclosed sum.

Business is booming for advisers, according to a poll that signals increasing profitability and confidence in the sector two years after the rule change doomsayers said would herald its demise.

The Financial Services Compensation Scheme (FSCS) legal team that helped recover some of the hundreds of millions of pounds it paid out over the collapse of Keydata from financial advisers has been given an industry award for its efforts.

Average investors have seen their platform costs tumble by almost a fifth in the last five years, according to research by the lang cat, but advisers are not favouring the cheaper options.

Alex Farlow reveals the criteria independent researcher Square Mile uses to identify the best risk-targeted funds.

Sanlam UK made £10m from the sale of its stake in advice network Intrinsic to Old Mutual Wealth.

Debt-laden network Sesame has been given access to a £45m bailout fund by its parents Aviva and Friends Life.

Former Old Mutual bond manager Stewart Cowley has launched a new venture providing investment advice and portfolio management to advisers and fund groups.

Financial Conduct Authority (FCA) chief executive Martin Wheatley saw his total pay deal from the industry-funded regulator rise by 15% last year to £701,000.

The Financial Conduct Authority (FCA) has looked east for its new head of enforcement, bringing in the man who currently heads up the same division for the Hong Kong regulator.