Royal London hires Standard Life boss O'Dwyer as new chief
Royal London has hired Standard Life Aberdeen life and pensions chief executive Barry O'Dwyer to take over from Phil Loney at the helm of the mutual insurance company
FCA warns advisers they are recommending too many DB transfers
A survey of advice firms with defined benefit pension transfer permissions has found more than £82 billion has been recommended to transfer since pension freedoms, raising concerns for the regulator
FCA launches probe into Woodford Equity Income suspension
City watchdog launches investigation and reveals Neil Woodford's flagship fund twice breached limit on unquoted stocks.
FTSE surges as Draghi signals more stimulus on cards
FTSE 100 climbs nearly 100 points while European and US markets jump as European Central Bank president signals it could launch more stimulus.
Merian merges two Buxton funds to boost £1.7bn UK Alpha
Two funds run by Richard Buxton are merging, with the Merian UK Equity fund to merge into the £1.7 billion UK Alpha fund
Woodford fallout: investors pull £123m from Hargreaves funds
Investors pull £123 million from Hargreaves Lansdown's multi-manager funds following suspension of Woodford Equity Income, held by six of the portfolios.