Wealth manager Towry has been sold by private capital firm Palamon to Tilney Bestinvest for £600 million in a deal which creates one of the UK’s biggest wealth management businesses.

As the end of the tax year looms, Hargreaves Lansdown has revealed that one eager Sipp investor has just driven a 500 mile round trip from Norwich to Bristol to ensure he met the deadline.

A new scheme backed by the Treasury which is expected to make it easier for small and medium sized businesses to get finance from new banks and alternative finance providers has gone live today. Read more ...

Rathbone Unit Trust Management is to launch four offshore funds to provide Europe-based investors access to its funds for the first time.

Schroders has appointed a new head of EMEA marketing from BlackRock and has made an internal appointment to the new role of head of content and digital.

CISI chief executive Simon Culhane Chartered FCSI has warned that a lack of a central register to check who is an authorised adviser is damaging consumers and consumer confidence.

Royal London says new life and pensions business rose by 40% to £6.7bn in its results for the year ended 31 December 2015.

The vast majority of consumers (88%) are missing common warning signs of a pensions scam including a growing trend by scammers to offer bogus “free financial advice”, the Citizens Advice Bureau has warned.

Nearly one-in-five Defined Benefit Scheme members given access to free financial advice have transferred out of their scheme to access flexible retirement options available through a defined contribution (DC) pot, according to research by Willis Towers Watson.

Brooks Macdonald Asset Management has announced a “strategic alliance” with Castlegate Financial Management, the East Midlands-based firm of Chartered Financial Planners.