Wealth manager and Financial Planner Brooks Macdonald has reported a dip in net flows to £0.1bn for the company's fourth quarter ended 30 June.

The UK economy contracted by 0.1% in May, according to the latest GDP figures released today.

Only 30% of pension schemes support the Chancellor’s Mansion House Reform plans to encourage pension schemes to invest in UK businesses, according to survey.

John Moret is one of the UK's leading pensions and SIPP experts and commentators. As he enters his 75th year, still working part-time in the sector, he continues his series of articles for Financial Planning Today looking back at the changes that have shaped the pensions sector during his career. In this third article in the series he looks at the rise of income drawdown and what changes may lie ahead.

One Four Nine has made its eighth acquisition with the purchase of Plymouth financial adviser Rainbird & Co.

The Chartered Insurance Institute has added 5 more directors to the Personal Finance Society (PFS) board.

Two financial advice firms - one in Cardiff and one in Bristol - have been declared in default by the Financial Services Compensation Scheme with a combination of over 100 claims related to pension transfer advice.

The Government has confirmed that it intends to move forward with major reforms to automatic enrolment pensions.

Evelyn Partners has added two senior Financial Planners to its Birmingham and Bristol offices.

Wealth manager Fairstone, which includes one of the UK's biggest Chartered Financial Planners, has acquired 86-staff Dudley-based financial adviser Prosperity Wealth for an undisclosed sum.