News

Chief executive of Barclays Wealth and Investment Management Peter Horrell is to leave the company at the end of the year.

Former Financial Services Authority director Sheila Nicoll has joined Schroders as head of public policy.

Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.

Adrian Lowcock has left Hargreaves Lansdown after just 18 months at the D2C platform giant.

Former Positive Solutions and Openwork consultant Martin Brown has launched an advisory firm authorised by the Caerus Capital Group network.

Wealth manager Charles Stanley has reported a 33% drop in profit before tax following a year of "significant" cost which has seen it spend millions on acquisitions.

Liontrust has seen a rise in assets under management and a jump in pre-tax profits, after its acquisition of multi-asset business North Investment Partners last October.

European markets are set to join the global rally which followed the release of a ‘dovish' statement from the Federal Reserve on monetary policy.

The industry's petition calling on the government to remove the ombudsman's right to consider claims without any long-stop restriction, has passed 5,000 signatures but needs double that to be considered by officials.

Business secretary Vince Cable has called the financial sector "a public good", though admitted it often falls short of this lofty aim.