Money and writing news: What I've learnt in four days

        Professional Adviser | 29 Aug 2014 | 15:36

        Professional Adviser asked Ryan Butcher, a 16-year-old on work experience and with dreams of working in journalism, to share his thoughts from a week (a Bank Holiday 'week', admittedly) on the PA reporting team...

        scales of justice

        Solicitor mastermind behind failed £120m Axiom fund struck off

        A solicitor who masterminded the now collapsed £120m Axiom Legal Financing fund has been struck off for "serious and continued" misconduct at one of the main law firms that received money from the fund.

        Professional Adviser | 29 Aug 2014 | 13:06

        Coutts sets aside £110m to cover potential advice redress

        Coutts has put aside £110m to compensate clients who may have been sold unsuitable investments over the past 60 years.

        Professional Adviser | 29 Aug 2014 | 12:01

    Other Investment articles

      Capita logo

      Capita writes to Arch Cru clients over redress blunder

      Capita’s administration arm has written to a number of Arch Cru investors asking them to return money from the redress scheme, after the payouts breached tax rules.

      Professional Adviser | 29 Aug 2014 | 11:59

      A web of deceit: How one IFA's trickery led to his downfall

      Going behind the back of his firm's principal, and its network, building a web of companies to do his bidding and mis-using risk questionnaires to persuade unwitting investors to part with their money - how one IFA spun a web of deceit before losing it all.

      Professional Adviser | 29 Aug 2014 | 11:45

      FCA hits London adviser with £350k fine for mis-selling UCIS

      The Financial Conduct Authority (FCA) has fined the director of a London advice firm £350,000 and banned him from practising for mis-selling high risk unregulated collective investment schemes (UCIS).

      Professional Adviser | 29 Aug 2014 | 09:54
      Money From the Tap

      Savers plough £5bn into New ISAs in July

      Almost £5bn flew into ISAs in the space of only a month as savers rushed to take advantage of new rules allowing them to save up to £15,000 tax free.

      Professional Adviser | 29 Aug 2014 | 08:09

      CBI chairman warns of 'enormous' risks with Scottish Yes vote

      Britain's economic recovery will be at risk if Scotland votes for independence next month, the president of Britain's biggest business lobby has warned.

      Professional Adviser | 29 Aug 2014 | 07:49

      Japan's economy signals stagnation and weakness

      Japan's economy has shown signs of stagnation and some weakness as households spent less and factory output stayed flat in July.

      Professional Adviser | 29 Aug 2014 | 07:29
      Vanguard logo

      Vanguard cuts charges on 25 funds as tracker price war hots up

      Vanguard is to cut charges on 25 UK and Irish-domiciled funds, including its LifeStrategy range, as it responds to recent price cuts from other providers in the tracker space.

      Professional Adviser | 28 Aug 2014 | 12:45

      FCA fines Deutsche Bank £4.7m for reporting failures

      The Financial Conduct Authority (FCA) has fined Deutsche Bank £4.7m for incorrectly reporting financial transactions for six years between November 2007 and April 2013.

      Professional Adviser | 28 Aug 2014 | 10:53

      BCC warns of ‘flash in the pan’ UK recovery

      The British Chambers of Commerce (BCC) has upgraded its UK GDP forecast for 2014 but cautioned the recovery may be short-lived unless exports bounce back.

      Professional Adviser | 28 Aug 2014 | 08:19

      HSBC to fight £151m Keydata lawsuit

      HSBC has vowed to fight a $250m (£151m) lawsuit brought against it over its alleged involvement in the Keydata scandal.

      Professional Adviser | 27 Aug 2014 | 10:47

      IMA: Tracker funds net retail sales highest on record at £532m

      Tracker funds saw net retail sales of £532m in July, the highest level since Investment Management Association (IMA) records began twenty two years ago.

      Professional Adviser | 27 Aug 2014 | 10:18
      two businesspeople shaking hands

      Network spends £700k settling Keydata and Arch claims

      The Whitechurch Network spent more than £704,000 in 2013 settling claims related to advice given by its appointed representatives on Keydata and Arch Cru.

      Professional Adviser | 27 Aug 2014 | 07:34
      Scotland and UK flags

      Scottish independence: Firms question "Yes" vote business case

      More than 130 businesses have signed a letter saying the business case for Scottish independence "has not been made".

      Professional Adviser | 27 Aug 2014 | 07:30
      Prudential logo

      Capita to act as ACD on seven Prudential OEIC funds

      Prudential has appointed Capita Financial Managers as authorised corporate director (ACD) for seven Prudential open ended investment company (OEIC) funds, holding the assets of 2,000 UK clients.

      Professional Adviser | 26 Aug 2014 | 16:51

      Feeney: Skandia between 'rock and a hard place' on Woodford switch

      Old Mutual Wealth chief executive Paul Feeney has contacted clients to defend a decision to shut the Skandia Invesco Perpetual income funds, pointing to "truly exceptional circumstances" following Neil Woodford's departure.

      Professional Adviser | 26 Aug 2014 | 15:06

      IMA considers risk-targeted sectors as number of unclassified funds soars

      The Investment Management Association (IMA) is understood to be looking at a range of sectors for the increasing number of risk-targeted funds which are choosing to remain unclassified.

      Professional Adviser | 26 Aug 2014 | 12:48
      George Osborne in front of a graph

      Satisfaction guaranteed? Post-Budget pension pot investing

      The choice between drawdown and annuity purchase has been opened up by the Budget changes. Jenna Towler finds out how the retirement investment market might develop...

      Professional Adviser | 26 Aug 2014 | 12:36



    Bower Retirement Services has announced plans to double its adviser force. How do you expect the equity release market to develop?