The Glasgow-based SIPP provider @sipp has bought acquired Essex-based SSAS firm Alfa Trustees for a six figure sum as part of a drive to expand in the south of England.

Research into the investment buying decisions of UK millenials (those aged 18-35) has found that while many prefer to make their own decisions, 44% would consult a financial adviser - similar to their parents’ generation.

Old Mutual Wealth Private Client Advisers, an appointed representative of network Intrinsic, says it has reached agreement to acquire Devon-based Financial Planning firm DQS Financial Management.

Old Mutual Wealth has confirmed it will returning to membership of the Association of British Insurers (ABI).

Financial education provider the Institute of Financial Services - known as ifs University College - is to change its name to The London Institute of Banking & Finance from September, it announced today.

Zurich has appointed Anne Torry as head of its life business in the UK, and CEO of Zurich Assurance plc and Sterling Investment Managers Limited.

Data and financial analysis provider FE has launched its first pure passive fund awards to coincide with the first anniversary of its FE Passive Crown ratings.

Expanding North west-based Financial Planning firm Ludlow Wealth Management has hired experienced financial adviser Stephen Fox as its 21st consultant.

Britain’s over 50s are using the extra income they enjoy after paying off their mortgages to fund holidays, home improvements and gifts for their children. Fewer than one in four use the extra money to top up their retirement savings, says new research.

A former equities trader at Schroders Investment Management was today given a two year prison sentence after pleading guilty to nine counts of insider dealing.