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Ten of the biggest investment fines
Invesco has named Westhouse Securities as the sole financial adviser and broker to its Income Growth Trust.
Skandia has u-turned on its decision to close the £640m Skandia Invesco Perpetual Income and High Income funds in favour of Neil Woodford's new Income fund at his own firm.
Old Mutual Wealth chief executive Paul Feeney has contacted clients to defend a decision to shut the Skandia Invesco Perpetual income funds, pointing to "truly exceptional circumstances" following Neil Woodford's departure.
Skandia has handed a £640m life mandate currently run by Invesco Perpetual's Mark Barnett to Neil Woodford, in a move Hargreaves Lansdown analysts suggest may be the first of many.
Shareholders in the troubled Invesco Property Income trust have been told they are likely to lose their entire investment after it was suspended pending an effective firesale of its assets.
Architas, Invesco and Novia are among the financial services groups already signed up for the fourth annual Funds Industry Football Charity Shield in June.
Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.
Invesco CEO Martin Flanagan has played down analyst concerns over further UK equity income outflows as former employee Neil Woodford prepares to launch his own fund.
The Financial Conduct Authority (FCA) has fined Invesco Perpetual £18.6m for exposing investors to more risk than they had been led to expect in funds including Neil Woodford's giant income portfolios.
Income investing: Look beyond the high yields
Invesco Perpetual's Mark Barnett has taken over Neil Woodford's Invesco Income and High Income funds with immediate effect, ahead of his original end-April start date.
Skandia has secured an average annual management charge (AMC) of 0.52% on its restricted WealthSelect range.
Invesco Perpetual's David Millar, Dave Jubb and Richard Batty - who joined the group from SLI this year - have revealed eight key investment ideas they are pursuing across the multi-asset portfolio at their new firm.