News

Axa Wealth is set to launch a list of around 100 favoured funds in the mould of Hargreaves Lansdown's Wealth 150, to help advisers "cut through the noise".

L&G is to merge away its underperforming L&G Equity and L&G UK Active Opportunities funds in mid-November.

Aegon has launched a High Income fund intended to help investors take advantage of pension freedoms coming announced in the Budget.

The average sale price for adviser businesses has almost doubled in the last 12 months, according to figures on firms sold through broker Retiring IFA, and now stands at £693,425.

Ascentric has posted a £0.6m loss for the 2013 financial year after "significant" investment in technology which cost it £1.6m.

In this week's quick-fire poll we ask: Should pension providers who withdraw from or fail to participate in auto-enrolment be fined?

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Old Mutual Global Investors (OMGI) has appointed a new Asian equities team headed by Joshua Crabb, previously at BlackRock.

Advisers have overcome the biggest hurdles they were confronted with as a result of the Retail Distribution Review (RDR), according to a poll, with the number reporting they are still in "survival mode" having halved.

Sense Network has promoted commercial director Steve Young to chairman.