News

Advice and investment firm the Beaufort Group of Companies has reversed last year's losses to post a pre-tax profit of £232,000, having grown its financial planning arm to include nine regional appointed representatives.

Evidence of advisory firms and providers avoiding their obligations following the Retail Distribution Review (RDR) is harming the ongoing campaign to rebuild public trust in financial services, according to the Financial Services Consumer Panel (FSCP)....

Martin Gilbert, chief executive of Aberdeen Asset Management, has given the 'yes' party a boost after claiming an independent Scotland would be a great success.

Fidelity Worldwide Investment has overhauled the remit of Peter Khan and Ian Spreadbury's Global High Yield fund in order to diversify away from the US and increase exposure to emerging markets.

Almost 9,500 income drawdown contracts were written in the second quarter of the year, with the mean pot size dropping to just over £50,000, latest figures from the Association of British Insurers (ABI) show.

Royal Bank of Scotland (RBS) will move its operations to London should Scotland vote to go independent, it has confirmed.

Pension providers that "cream off profits" and withdraw from the auto-enrolment (AE) market just as small and medium-sized employers (SMEs) stage should be fined, Defaqto says.

National advisory group Foster Denovo is set to close a subsidiary which put on provider-funded events for its 80-plus advisers after a regulatory clampdown on inducements.

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

In this week's quick-fire Retirement Planner poll we ask: Are your clients working longer?