REAR-VIEW INVESTING

FE Research has launched a range of 15 risk-targeted portfolios to aid advisers in the run up to the Retail Distribution Review (RDR).

Ashcourt Rowan Financial Planning has appointed two regional manager for the South East.

Positive Solutions has been hit by another senior exit after recruitment director Martin Brown left the firm with immediate effect.

Pension savers who do not take advice are more likely to lack retirement planning knowledge and be £200 a month worse off, according to research.

Aberdeen Asset Management has launched a Retail Distribution Review (RDR) share class for its multi-manager range.

MASS MARKET MISTAKE

Lloyds Banking Group (LBG) is pulling its mass market investment advice service for investors with less than £100,000 to invest.

Rowan Dartington has launched a fee-only independent financial advisory business, after acquiring a significant stake in Stafford House Investments (SHI).

A former Credit Suisse trader was arrested in London on Wednesday and faces extradition to the US on fraud charges involving subprime mortgage bonds worth $3bn (£1.9bn).