Royal Bank of Scotland is to cut 3,500 jobs from its investment banking division.

There are only four days left to qualify for an early-booking discount on tickets for the Institute of Financial Planning’s first Financial Planning Day.

Morningstar has launched its analyst research for investment trusts, rating 32 closed-end funds from Gold to Negative.

People retiring this year expect to have an annual retirement income of £15,500, 16 per cent lower than those who retired in 2008.

Cautious Managed funds remained the top-selling sector in December accounting for 48 per cent of net sales, according to Cofunds.

Succession has added four new partner firms with a total of £500m assets under influence to its business.

First Direct has found that many people have few or limited savings and many would fail to even last until the weekend if their money dried up.

Towers Watson has appointed three new staff in its Defined Contribution business to reflect growing demand.

Nest has put together a phrasebook of key financial terms as 96 per cent of people say pensions are hard to understand.

Philip Calvert from IFA Life is hosting a social networking workshop for Financial Planners in Northern Ireland.