Moves by the FSA to encourage consumers to take responsibility for the financial advice they receive and products they buy was today branded "flawed" and "unhelpful".
The Dow Jones has fallen 78 points (0.9%) to 8,461 this morning after the World Bank released a gloomy forecast for global economic growth this year.
Rathbone's Bryn Jones takes a view on the flight to government bonds
A plethora of deals designed to help pursue evaders hiding money offshore are set to be signed by finance ministers in Berlin tomorrow.
There were almost three times as many new income protection (IP) plans launched in the last 12 months than there were new critical illness (CI) products.
A plethora of deals designed to help pursue evaders hiding money offshore are set to be signed by finance ministers in Berlin tomorrow.
Financial advisers are benefiting from the current financial crisis as distrust of the banks is seeing a growing number of people turning to IFAs for help, according to ceo of Capital Asset Management (CAM), Alan Smith.
Redundancies at investment management houses will begin to affect front office operations, Hymans Robertson claims.
Threadneedle is the latest fund house to sign with Novia to have its full range of funds available on the platform.
The investment management industry must get to grips with EU directives quickly and work out its priorities while there is still time to influence them, according to the IMA.