Rules originally designed to force bank bosses to take responsibility for misconduct through handing them fines and punishments look set to be extended across the whole finance sector – including advice firms – it has been announced this morning.

Alan Sugar’s former Apprentice adviser says the image of the pensioner as an old person crossing the road has been confined to a thing of the past - as a survey unveiled many over 55s looking to become later-life entrepreneurs.

A new simplified advice service to be launched by Intelliflo will be “a form of robo-advice” for advisers.

Several million pounds are to be confiscated following investment scams, which targeted many retirees, including a blind 89-year-old man.

FinaMetrica has this morning published data which it said highlights men’s hunger for risk is not much greater than women’s.

An outsourced Paraplanning business has opened up a larger third office to help it meet an “increasing volume of work” and announced plans to hire more Paraplanners soon.

The FCA has been told to adopt a communications approach which steers clear of “sensational headlines where possible”.

Inflation has again turned negative, falling to -0.1% in September, it was revealed this morning.

Financial Planning firm Bellpenny has completed two more IFA deals, increasing funds under management by over £150m and 500 extra active clients.

A Newcastle-based Financial Planning firm says it is “absolutely focused” on its buy-out strategy after this morning announcing its revenues increased 29% to £17.4m during 2014.