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Blick Rothenberg, the accounting tax and advisory firm with a growing Financial Planning arm, has made its first acquisition.

Patrick Mill, chief executive of platform and Sipp provider Alliance Trust Savings, has stepped down from the after role five and half years at the helm. 

The FCA has begun civil proceedings in relation to “alleged misleading statements” on pension investments by a lead generation firm called Avacade Investment Options.

Research by a financial provider has found that eight out of ten over-50s (78%) “significantly underestimate” how long they are likely to live - a gap that means many could run out of pension cash, it says.

To coincide with the Black Friday shopping frenzy today, pension and software provider Selectapension is offering financial advisers up to £100 off all new subscriptions.

Financial Planners have reacted with relief that pensions were largely left untouched by the Chancellor in today’s Budget and were broadly positive on some of the moves to help first time buyers.

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