Octopus Investments has announced the appointment of a new area sales director from Old Mutual Wealth.

Legg Mason has announced a deal to create a new global alternatives firm with over £18 billion in pro-forma assets under management and total assets of £20 billion.

Employers grappling with automatic enrolment face further headaches if a single flat rate of pension tax relief becomes reality, a pension firm director says, as he also warned it could become an active disincentive to save.

A Financial Planner hopes to entice new customers to his robo-advice firm by offering a £100 cut to its Financial Planning report fee.

The advent of new EU rules forcing firms to keep records of electronic communications including an “avalanche of content” on social media has prompted one business to double its UK team.

A new report by Intelligent Partnership has suggested that as many as 91% of advisers expect to do more VCT business over the next 12 months.

Three investment firms are set to be bought by AJ Bell as it seeks to find “new solutions for financial advisers”.

A Scottish based asset management firm has established a new office in the Far East.

Richard Mein, the founder and chief executive of Parmenion, has died after a short battle with cancer, it has been confirmed this morning.

Architas has hired a quartet of new staff for its distribution team from companies including Invesco, Close Brothers and Intelliflo.