News

Aviva Investors has sold its US equity investment management subsidiary River Road Asset Management in an effort to streamline its US business.

Shares in Resolution and peers tumbled today following reports the Financial Conduct Authority (FCA) is to probe 30 million legacy insurance policies.

Advisers will find it difficult to develop much-needed cheaper advice models until the Financial Conduct Authority (FCA) lowers its costs, the Association of Professional Financial Advisers (APFA) has said.

David Jane, founder of Darwin Investment Managers, has bought back into gold and gold miners, in the view the asset bottomed at the end of last year.

The Financial Conduct Authority (FCA) is to investigate about 30 million insurance company policies over concerns that customers are subject to "unfair" conditions.

Invesco Perpetual has made three appointments to its UK equities team.

The Financial Conduct Authority (FCA) has appointed Saatchi brothers' M&C Saatchi and its affiliate Saatchi Masius to lead its behaviour change communication work over the next four years.

The Financial Services Compensation Scheme (FSCS) has made top-up payments to Keydata investors after it recovered money from the underlying bond Lifemark's trustees.

Pension charges for workplace schemes will be subject to a 0.75% cap under government plans confirmed today.

People who have already taken their tax-free lump sum will be given more time to decide what they want to do with the rest after the government scrapped the rule forcing action to be taken within six months.