Two advisers involved in a £2.2million tax fraud linked to 'Mercedes the Movie' have been sent to prison for a total of 14 years combined.

Total household wealth in Great Britain was £11.1 trillion in 2012/14, up 18% from 2010/12, according to new figures published today by the ONS.

Advisers are to be offered a web based “live chat” session as part of a new technical support service provided by a pensions firm.

Consumers using the Pension Wise service will be given more than one appointment in future, the Government said this morning.

The director of an advice firm has been banned by the FCA after transferring £2,063,022 of clients’ funds into ‘inappropriate’ investments.

The Bank of England will resist raising interest rates until at least midway through 2016, experts say, despite the US Fed rise of 0.25%.

Schroders has made a new senior appointment to boost its UK Strategic Solutions team.

The managing director of a Financial Planning firm fears there will be serious risks attached to the new second hand annuities market and said it must come with a  warning.

A disgruntled adviser who insisted he should escape having to pay the Financial Services Compensation Scheme levy has failed to win his case after lodging an official complaint with the FCA.

Compensation pay outs to clients of 11 firms dealing with pensions and investments are on the horizon after the FSCS declared a batch of businesses were in default.