Openwork is to offer advisers the choice of three business models - including a broadened multi-tie proposition - as part of a three-year strategy to help them adapt to RDR requirements.

The raft of hedge fund managers entering the retail market, particularly in the absolute return space, face a number of challenges including product design and marketing, the FSA warns.

Whitechurch has responded to client demand by allowing investors to make monthly contributions into its Portfolio Management Service from this month.

Skipton Building Society will cut 90 jobs as part of a shake-up of the business.

Skandia will offer both unbundled and bundled charging structures as well as broadening the range of investments on its platform to help advisers meet RDR requirements.

The FSA is to get more involved at an earlier stage of product design and stress testing, rather than just at the point of sale, to try and avoid further mis-selling scandals.

Fidelity has confirmed Anthony Bolton's China Special Situations fund will be an investment trust.

Fidelity has registered a China Special Situations company at Companies House in the clearest indication yet Anthony Bolton's new fund will be an investment trust.

The FSA should have the power to regulate financial advice given to public sector bodies, according to The Communities and Local Government Committee.

AWD Chase de Vere has appointed Patrick Connolly as head of communications.