News

A businessman who wrote a government report that criticised RBS has been told he can no longer remain a customer of the bank, according to the BBC's Panorama programme.

Blackrock has notified the stock exchange that it now owns more than 5% of commodities trading giant Glencore.

Banking regulators in Jersey have warned consumers and investors not to deal with a bank claiming to operate in the Channel Islands.

Some wealth managers are unclear and inconsistent in their communication with clients regarding in-house fund ranges, a Financial Conduct Authority (FCA) review has found.

The departure of star managers may have hidden costs for investors "stampeding" for the exit, a wealth manager has warned.

‘Why oh why would Aviva want to takeover Friends?' Industry reacts to deal talk

The Institute of Financial Planning (IFP) is in discussions with the regulator about drawing up a definitive list of possible conflict of interest scenarios that crop up during the advice and planning process.

Santander is planning to set up a direct to consumer (D2C) investment platform months after confirming it is re-entering the investment advice space.

The qualifying earnings rules which govern auto-enrolment contributions should be scrapped to boost saving potential, according to provider NOW: Pensions.

Old Mutual Wealth, the UK's third largest adviser platform with funds under administration of £30bn, will begin bulk converting any remaining clients in bundled share classes to unbundled in February 2015.