The way that the Financial Services Compensation Scheme is funded is a “grotesque injustice” against advisers and also unsustainable, the FCA has been told.

Succession has nearly reached the halfway point in its bid to buy 50 firms after paying out £9.5m to secure a quadruple acquisition.

Cofunds has appointed a new operations director from Fidelity Worldwide Investment.

Financial Planning firms could stand to benefit if Twitter decides to axe its 140 character limit, a social media expert says.

The takeover of Bristol-based Parmenion by Aberdeen Asset Management has been completed.

Transact has announced this morning that it will cut its annual commission by 0.015% from April.

A Google manager has joined robo-advice firm MoneyFarm as it steps up plans to enable clients to use their mobile devices to manage all aspects of their investments.

Fairstone Group has snapped up a greater Manchester-based Financial Planning firm, bringing on board another 7 advisers and 9 support staff.

The chief executive of HM Revenue and Customs is to leave the organisation after more than four years, it has been announced this morning.

FCA officials have moved this morning to insist that a return to commission bias is not on the cards despite comments from the acting chief executive.