UK - IFA RJ Temple has closed three of its five regional offices and made 18 staff redundant.
The cuts come as part of a restructuring of its sales management teams.
Chairman and chief executive Geoffrey Morphitis said: “These changes allow us to invest in other initiatives that will really help us grow the business over the next few years.”
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.