News

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

Standard Life has reported modest growth in its UK business for 2014, with profits before costs up nearly 6% during the year, driven by demand for the life company's auto-enrolment workplace pensions.

Draft legislation which clarifies the position on joint life annuities and guarantee payments, as well as tax treatment on deaths prior to age 75 has been released by HM Revenue & Customs (HMRC).

Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.

The Financial Conduct Authority (FCA) is to launch its first review of competition within investment banking, with a view to conduct a similar market study into asset management later in the year.

Rathbones saw its funds under management boosted in 2014 thanks to deals with Jupiter Asset Management and Deutsche Asset and Wealth Management.

Aegon UK posted a 37% increase in earnings in the fourth quarter of last year, compared with the same period in the year before, citing increased demand for income drawdown on its platform.

National advice firm LEBC has posted a 43% increase in pre-tax profits for the last year, saying it had benefited from the "positive impact" of the incoming pension freedoms.

A financial adviser has left the Legal & General network after 25 years to enter into a partnership with Continuum, a growing advisory business backed by Caerus Capital.

Access to non-standard asset investing in self-invested personal pensions (SIPPs) could be curtailed by the latest Financial Services Compensation Scheme (FSCS) ruling which places liability for investment losses on financial advisers, according to Dentons'...