North Investment Partners has reported a loss of almost £400,000 for 2012 after upping investment into its Wealth Solutions service.
The Financial Conduct Authority (FCA) has admitted the Retail Distribution Review (RDR) has created unintended consequences for the wealth management industry, which it will be monitoring.
Broadly speaking, the investment story of 2013 so far has been one of soaring developed world equity markets but slumping bond returns. But how has that translated in terms of fund flows in the UK?
Mining stocks led a drop in the FTSE 100 today as falling commodity prices weighed on shares.