News

The European Central Bank will consider quantitative easing among other measures to avoid a long period of low inflation, its president has confirmed.

Axa Elevate has cut charges on portfolios valued at £1m or more for new and existing customers.

Lighthouse Financial Advice (LFA), the national arm of the Lighthouse Group, has set out plans to recruit some 180 advisers over the next 18 months.

Adviser consolidator and discretionary wealth manager AFH Financial has raised more than £1.6m via a share subscription which it says it will use to finance future acquisitions.

Holly Mackay, the founder and MD of platform advice, research and events business The Platforum, is to take a sabbatical later this year, Investment Week can reveal.

The Pensions Advisory Service (TPAS) is considering the launch of video and Skype services to meet public demand for the government's financial ‘guidance guarantee'.

St James's Place is to reallocate £7bn in mandates currently run by Invesco Perpetual to Neil Woodford and Threadneedle, with a further £700m mandate going to Manulife.

National wealth management firm Attivo group has acquired Northwood-based IFA Anthony Etkind & Co, supporting its drive to double in size by 2017.

Mark Carney said UK interest rates could rise before next May's general election if there are continued sustainable improvements in the economy.

The industry has yet to develop profitable simplified advice models because it is waiting on clearer guidance and direction from the regulator, Lighthouse group chief executive Malcolm Streatfield has said.