Aviva is to use surplus cash to fund a £600m share buy-back of its ordinary shares.

St James’s Place Wealth Management has welcomed 32 newly-qualified advisers seeking a new career in Financial Planning.

The FCA is set to require providers to pay a quarter of the cost of funding the Financial Services Compensation Scheme (FSCS) in a radical shake-up.

Stock market volatility and economic uncertainty have led to a sharp spike in over-50s being risk-averse with their pension savings, new research indicated.

Scottish Widows has appointed Gary Burchett to the role of protection director.

Two brothers, who defrauded up to £17m from more than 200 elderly and vulnerable clients through their financial advisory business, are due to be sentenced today and could be jailed for 10 years.

Aviva is to make a £14m “goodwill” payout to General Accident shareholders following criticism of its actions.

Financial Planner and wealth manager Harwood Wealth Management has made its second acquisition in a week with the purchase of Fund Management Limited for £1.13 million.

A Financial Planner jailed last week for a sexual assault and other offences has seen his directorship terminated at his company but remains a majority shareholder and the firm is still in operation this week.

The Personal Finance Society has launched a new ‘good practice’ guide to explain how financial advisers might adopt value-based investing in their client recommendations where appropriate.