News

Charles Stanley has said it is approaching the coming months with caution after witnessing falling commission income, and significant costs to invest in the business.

Closed life consolidator Phoenix has comprehensively refinanced its debt to strengthen its balance sheet and better support its growth plans.

The Financial Ombudsman Service (FOS) has fended off an increasing number of pension complaints in the first quarter of this year as the number of complaints increased but uphold rates dropped.

The Financial Conduct Authority (FCA) has fined a former senior J.P. Morgan banker £450,000 after he disclosed inside information to contacts.

Retirees could find it difficult to access regulated financial advice when considering defined benefit (DB) to defined contribution (DC) transfers, according to Punter Southall.

The 'lifestyling' of stakeholder child trust funds (CTFs) by providers should begin when account holders reach age 15, two years later than currently, the government has proposed.

The government has slashed the incremental increase to the state pension offered to workers who delay their retirement.

The Pensions Advisory Service (TPAS) and the Money Advice Service (MAS) will struggle to cope with the scale and speed of meeting the guidance guarantee, industry figures say.

Former SWIP duo Mark Harries and Simon Wood are to take over the Aberdeen multi-manager range as Aidan Kearney exits and Graham Duce moves to the multi-asset team, Professional Adviser's sister title Investment Week can reveal.

The shortlist for this year's Fund Services Awards has now been announced