Savers not shopping around or seeking financial advice are losing out on up to £7,700 over a 20 year retirement, according to a new report.

Just Wealth, the advisory arm of mortgage and protection advice firm Just Mortgages, has hired thirteen wealth advisers.

Aviva Investors is to close its suspended £400m Aviva Investors UK Property Fund after a run of poor performance and uncertainty over its liquidity should investors seek to redeem investments en masse.

ABI director general Huw Evans is to quit at the end of the year for a new role as a partner at KPMG in its insurance and long-terms savings practice.

Chartered Financial Planner firm Punter Southall Wealth has expanded the size of its Birmingham team to nine by adding two new Financial Planners to meet growing demand in the West Midlands.

Rising transport, clothing and energy costs spurred a surprise doubling of CPI inflation from 0.7% in March to 1.5% in April.

The £232m takeover of Financial Planning-led wealth manager AFH Financial Group has been given the green light by the FCA.

Advice group Socium has responded to speculation about its withdrawn offer to buy financial adviser network and DFM Beaufort.

Insurance firm Phoenix Group is in discussions to sell its European business to European Life Group Holding.

St Albans-based Financial Planning firm Lumin Wealth has merged with Swiss financial services provider VZ Group in order to boost organic growth and acquisition activity.