News

Fidelity Worldwide Investment has cut fees on its passive multi-asset range in another aggressive pricing move.

The fund management industry must address the issue of lack of female representation among fund managers, according to Helena Morrissey, chief executive of Newton Investment Management.

Wealth manager Towry is the latest firm to join the Association of Professional Financial Advisers (APFA).

Ian Gorham, chief executive of D2C giant Hargreaves Lansdown, saw his total pay climb to £10.6m this year after cashing in some long-term share options.

Money Advice Service (MAS) chief executive Caroline Rookes did "not intend" to put the ethics of financial advisers in question, the service said following a raft of criticism from the industry.

The Financial Conduct Authority (FCA) has banned an investment and mortgage adviser for submitting fake and misleading mortgage applications.

The US regulator is investigating how bond giant PIMCO prices its exchange-traded funds after it became concerned the group may have artificially inflated returns on one of Bill Gross' ETFs.

A platforms expert has suggested advisers share the cost of using platforms with clients.

BNP Paribas Securities Services, Advent, Riva Financial Systems and Kneip were among the winners at the annual Fund Services Awards, held in London on 23 September.

The Financial Conduct Authority (FCA) is inviting investors in the EEA Life Settlements fund who bought directly or via a financial adviser to consider making a complaint as it believes some are "likely to have been mis-sold the product".