News

Old Mutual Global Investors is to introduce a fixed ongoing charges figure (OCF) across its fund range next year, and will also implement a volume discount for its largest funds.

Andrea Rozario, chairman of Bower Retirement Services and former director general of the Equity Release Council (ERC), has sounded a call to arms for advisers to get involved in the equity release sector.

Professional Adviser has obtained the latest list of advice firms being pursued as lead defendants by the Financial Services Compensation Scheme (FSCS) in relation to Keydata sales.

Asset managers deserve to be paid up to a third of the alpha they generate, Towers Watson's EMEA head of investment has suggested.

The European Central Bank (ECB) is increasingly likely to announce full quantitative easing before the end of the year, interpretations of president Mario Draghi's latest comments suggest.

A further 12 advice firms have been declared in default by the Financial Services Compensation Scheme (FSCS).

Almary Green was named Chartered firm of the year at the Personal Finance Society's annual gala dinner last night.

Wealth manager Towry has signed a deal with risk profiling software developer FinaMetrica, which will see the firm's risk tolerance software rolled out across Towry's financial planning and investment processes.

Compensation paid out by the Financial Services Compensation Scheme (FSCS) to customers of failed advice firms has so far totaled almost £1bn.

The framework for an advice profession has been clearly established by the regulator and professional bodies, it is now up to advisers to make the leap, Rory Percival told delegates.