‘I would like to see First State have greater success in fixed income in the UK’

Chief executive of Barclays Wealth and Investment Management Peter Horrell is to leave the company at the end of the year.

Former Financial Services Authority director Sheila Nicoll has joined Schroders as head of public policy.

Adrian Lowcock has left Hargreaves Lansdown after just 18 months at the D2C platform giant.

The Financial Conduct Authority (FCA) has said it will not issue further guidance on inducements, despite growing calls to do so from fund groups.

Stockbroking firm Redmayne-Bentley has stopped offering its services to US clients as it moves to comply with incoming tax regime FATCA.

Aberdeen Asset Management completed the acquisition of Scottish Widows Investment Partnership (SWIP) last night, paying a total of £550m for the business.

Royal Bank of Scotland (RBS) has announced profits of £1.6bn for the first quarter of 2014, far surpassing expectations and sending shares soaring more than 10%.

Wealth management firms are making final preparations for the introduction of US tax regime FATCA as the 5 May registration deadline approaches.

Liontrust posted its best quarter for inflows in a decade during the three months to the end of March, according to its full-year results, released today.