News

Regulators have fined the Royal Bank of Scotland (RBS), NatWest and Ulster Bank £56m for IT failures which meant customers could not access banking services.

Psigma Investment Management has launched a cautious income strategy for its Managed Portfolio Service to target pension savers.

The regulator must be more explicit in explaining what it wants and expects from advisers, or it will fail to achieve its aims, the chairman of the Association of Professional Financial Advisers (APFA) has said.

Financial Conduct Authority (FCA) chairman John Griffith-Jones has said he is glad the Retail Distribution Review (RDR) did not take longer than expected, and claimed it achieved its objectives despite failing to properly distinguish between guidance...

Assets under administration at platform and self-invested personal pension (SIPP) provider James Hay hit £16bn in the third quarter of the year, however, expected profit forecasts at the business have been cut.

Technology provider Intelliflo has unveiled a new chief executive as current incumbent and company founder Nick Eatock becomes executive chairman.

Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.

The Financial Service Compensation Scheme (FSCS) is in the process of setting up an in-house legal panel from which it plans to buy legal services work for up to £50m, tender documents have revealed.

The Financial Services Compensation Scheme (FSCS) expects to pay out £60m in claims against failed ARM bonds distributor Catalyst Investment Group this year.

UK CPI inflation rose to at an annual rate of 1.3% in October, according to ONS figures released today.