Recruiters and rival firms are tapping up Paraplanners on a frequent basis, due to the lack of required Paraplanning professionals, Financial Planning Today magazine has been told.

The replacement for the Money Advice Service must track the number of referrals it makes to regulated advisers, a pensions firm has told the Government.

A financial adviser who was convicted of trespassing and theft has launched an appeal against the FCA’s decision to cancel his permission.

AFH, the growing Financial Planning and wealth management firm, has acquired Bay Financial Management Limited, an IFA firm based in Honiton, Devon in a deal worth £1.4m.

St James Place has confirmed it has bought the Dorking firm HJP IFA for an undisclosed sum.

A new study has found that only 15% of self-employed people are “very optimistic” about having enough money in retirement and 75% don’t regularly save into a pension.

Landbay, the peer-to-peer investment platform specialising in buy-to-let mortgages, has claimed to be one of the first peer-to-peer platforms to launch an Innovative Finance Isa (IFISA).

The Department for Work and Pensions has launched a Green Paper to consult on significant proposed changes to workplace Defined Benefit pensions which cover 11m people.

Bristol-based investment company Hargreaves Lansdown says it believes that a DWP consultation paper on occupational pensions, due to be published imminently, will mean a major shake up to workplace pensions.

In its response to the pension scams consultation, the Association of Member-Directed Pension Schemes (AMPS) has rejected a call to outlaw SSAS schemes and says it is “stunned” the idea has been proposed.