News

Schroders is set to hard-close a number of its most popular UK equity funds in the coming months, the group has said.

Advisers are responding to the regulator's focus on advice bias caused by remuneration packages by adapting their business models, LEBC research and compliance director Peter Shelton has said.

The Financial Conduct Authority (FCA) has accepted it needs to invest in better communication with small firms, following recommendations by its board in January.

Zurich has launched a range of outcome focused funds for advisers using its retail platform, with Richard Romer-Lee's new consultancy Square Mile proving the underlying investment choices.

Markets across Asia fell sharply overnight, with key indices shedding over 3%, as worries about the health of the Chinese economy and its ability to re-balance continued to hurt equities.

Credit ratings agency Moody's has cut the rating of the Royal Bank of Scotland (RBS), amid fears its restructuring will 'heavily depress' profits.

George Osborne should use next week's Budget to increase the 40p tax threshold, according to two former Tory Chancellors.

The Financial Conduct Authority (FCA) has fined and banned a mortgage broker for failing to prevent false client information being submitted to lenders.

The House of Lords' economic affairs committee has recommended a delay to the government's imminent tax crackdown on limited liability partnerships (LLPs).

Her Majesty's Revenue & Customs (HMRC) has for the first time withdrawn the venture capital trust (VCT) status of a company, after Oxford Technology breached one of its investment rules.