Legal and General Investment Management (LGIM) has launched a multi-asset flexible drawdown product in a bid to help fill the void created by the Budget freedoms.
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The Financial Conduct Authority will conduct an investigation into Tesco after the firm overstated its estimated half-year profits by £250m.
A Corporate Chartered financial planning business has been told to compensate a client who was recommended to invest £50,000 in a bond based on senior US life settlement policies, following a final ruling by the Financial Ombudsman Service (FOS).
The Skandia name is to disappear as the group rebrands as Old Mutual Wealth across all UK operations.
National advisory group Lighthouse has reported a near-£90k profit for the first six months of the year, up from a £232k loss in 2013, as average adviser earnings rose.
The Investment Management Association (IMA) made a surplus of £188,000 in 2013, reversing a deficit for the previous 12 months, after a significant jump in revenues from membership fees.
Shares in the largest Scottish companies - in particular the banks - helped power the FTSE 100 higher this morning after the results of the Scottish referendum revealed the country had voted to remain part of the UK.
Here we bring you the best reaction from the twittersphere as the UK digests the results of Scotland's historic referendum.
Fund managers, economists, and currency traders waited with bated breath for the outcome of the historic referendum in which Scotland would decide its future - whether inside or outside the UK.
Prime Minister David Cameron has said there will be "no re-runs" of the Scottish referendum which saw a decisive vote in favour of the country remaining part of the UK in what he said was a demonstration of the "settled will of the Scottish people".
Scotland has voted to remain part of the United Kingdom, as the results of its historic referendum on independence show voters decisively rejected breaking away from the 300 year old union.
News that Westbury Asset Management is planning to become a discretionary fund manager (DFM) reignited the debate about the pros and cons of using such a service and the growing pressures on advisers, writes Lawrence Cook.
Neptune Investment Management's profits before tax fell by over 40% in 2013, against a backdrop of falling assets under management, as headwinds continued to impact its global investment approach.
As APFA turns 15 director general Chris Hannant talks to Jenna Towler about the body’s long-stop fight, its success-to-resource ratio and the need for advisers to speak with ‘one voice’
Vanguard's head of European institutional business Simon Vanstone has died aged 53, the company has said.
An independent Scotland would result in its economy struggling for at least ten years, according to a poll of leading fund managers.
Axa Wealth is set to launch a list of around 100 favoured funds in the mould of Hargreaves Lansdown's Wealth 150, to help advisers "cut through the noise".
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