Lloyds has said it will raise £450m in gross proceeds by selling a 15% stake in wealth manager St. James' Place (SJP).

Cofunds chairman Charlie Eppinger is to step down as the acqusition of the platform by Legal and General completed.

FundsNetwork has accelerated its take on of clean share classes to achieve its target of having 95% of current platform assets covered by clean share classes by the end of June.

Axa Wealth International has made a series of enhancements to its specialist offshore proposition to offer advisers a broader range of adviser charging options and trust features.

Firms are approaching risk management purely as a way to deal with negative outcomes rather than as a means of creating profitable opportunities, a survey of Chartered Insurance Institute (CII) members suggests.

Ashcourt Rowan is to outsource its portfolio, settlement and custody services to TD Wealth Institutional.

Head of proposition at AXA Wealth International Simon Willoughby gives his view on why the offshore market is changing but there are bright spots on the horizon.

The advisers and staff of Caerus Capital group have come together to raise over £7,000 for the Steven Gerrard Foundation.

Fund managers can expect the axe from discretionary fund managers (DFMs) if they fail to perform within the first 12 months of being granted a mandate, according to research by Coredata.

Advisers and agents selling clients investments in Caribbean villas run by Harlequin Property received commissions of up to 15%, according to a lawyer close to the situation.