News

The Investment Management Association (IMA) plans to complete work to improve charges disclosure and introduce an effective statement of principles by the end of the year, the organisation's chief executive has said.

Financial services group True Potential (TP) has launched a network in a move it says completes its suite of offerings for advisers.

Saunderson House is coming up with a total cost of ownership fee structure that will include all advisory, platform, fund and investment costs.

IFG Group, the parent company of James Hay Partnership and Saunderson House, has named John Cotter as its interim chief executive as its latest results show a dip in operating profits.

Stephen Lansdown has sold off another significant stake in Hargreaves Lansdown, the business he co-founded.

Pensions expert Ros Altmann has called for retirees to have access to "specialist basic advice", not unregulated guidance, as several of the pension changes announced at Budget 2014 come into force.

Legal & General, one of the country's largest annuity providers, has said it expects to see revenues from annuity products fall by three quarters by the end of 2015 following a sweeping reform of the sector.

The Association of Professional Financial Advisers (APFA) is calling on members and other advisers to detail how much they spend on regulation and compliance so the regulator "can be held to account".

Psigma Investment Management has made a play for Barclays Wealth clients with less than £500,000, after the bank itself scrapped its bespoke service for lower net worth clients.

Lighthouse group has had yet another year in the red, but chief executive Malcolm Streatfield has a plan in place to turn it around.