News

Royal London's operating profits for 2013 were up to £346m, with new business accounting for £70m of the gains.

The Financial Conduct Authority (FCA) will "take out" payday lenders who do not obey strict operating rules, it has said.

Rathbones has won the £43m race to buy Jupiter's private client arm and is also to purchase part of Tilney IM"s private client business in a separate £14m deal.

AJ Bell is aiming to start converting existing fund holdings on the platform to the clean share class equivalents in the final quarter of the year.

The Financial Conduct Authority (FCA) has raised concern over the potential risk to savers who access their full pension pots at retirement following changes announced in the Budget 2014.

Industry campaigners have welcomed confirmation the Financial Conduct Authority (FCA) will consult on the re-introduction of a 15-year time limit on complaints against advisers reaching the Financial Ombudsman Service (FOS).

Fund analysis and data provider FE has launched its five risk-rated multi-asset sectors.

US passives giant Vanguard has cut prices on two of its core UK trackers, following the removal of stamp duty on funds.

Financial advisers will contribute £3.7m toward the Money Advice Service (MAS) in 2014-2015, a decrease of almost 18% on the previous year.

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.