Tavistock Investments has announced on the Stock Exchange that it has acquired the entire issued share capital of Cornerstone Asset Holdings Limited for an initial fee of £1 plus a deferred consideration of £100,000.

Fund researcher and ratings group RSMR has responded to the issue of costs and tracking errors in passive funds by creating a 'guide to passive investing' as part of its new service on passive funds launched recently.

Sipp provider Suffolk Life has reported a significant increase in the number of capped drawdown applications in the lead up to 6 April when the opportunity to set up new plans disappears.

HMRC and the Treasury have confirmed a long list of tax changes coming into effect today (1 April).

Soon-to-be-retirees are coming under increasing strain as they try to financially support their families, research has found.

The Information Commissioner's Office, the body responsible for uphold information rights, is to probe allegations that firms have passed on sensitive individual pensions data.

The latest complaints data published by the Financial Conduct Authority shows that financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014.

The Institute of Financial Planning has opened for entries its prestigious David Norton "Building Excellence" award.

Defaqto chairman Patrick Gale is to leave the company following a £27.6m MBO of the business funded in part by Synova Capital LLP, which hopes to double the company in size after taking a majority stake.

FCA chief executive Martin Wheatley has voiced concerns about abuses of Power of Attorney potentially "spiralling" out of control and adversely affecting vulnerable clients.