News

Financial advisers have signed up to offer free financial planning surgeries to consumers later this month as part of an annual initiative.

Platforms saw the rate of assets under administration (AUA) growth jump by almost a fifth in the third quarter of 2014, according to research from Fundscape.

Neil Woodford has increased the number of unlisted stocks held within the £3.4bn Woodford Equity Income fund to ten after initiating four new investments last month.

New rules have been announced by the Financial Stability Board (FSB) that propose preventing large banks from being bailed out by the taxpayer.

Platforms are stepping up their white-label investment offerings to advisory firms as an increasing number of orphaned clients presents a growing challenge in the run-up to the 2016 legacy commission ban.

Prudential has been paid £155m for the sale of its 25% stake in PruHealth and PruProtect to South African insurance group Discovery.

Hourly rates charged by advisers have fallen by 14% over the last year, research by adviser search website Unbiased suggests, putting rates in line with those charged before the Retail Distribution Review (RDR).

Pershing has launched a self-invested person pension (SIPP) product for financial advisers.

A workable and affordable simplified advice framework must urgently be established to ensure ‘ordinary savers' properly benefit from next year's pension freedoms, delegates heard.

Sales of individual annuities at Just Retirement were down 59% compared to the same quarter last year, latest results show.