News

The Standard Life wrap is launching a third party discretionary fund management (DFM) service for advisers.

Readers of Professional Adviser and IFAonline.co.uk have helped raise more than £8,000 for the Stroke Association, a charity that is supporting Institute of Financial Planning (IFP) chief executive Nick Cann in his recovery from a stroke.

The Financial Services Compensation Scheme's (FSCS) pursuit of IFAs who it alleges mis-sold Keydata products has been delayed after the scheme reached settlement deals with some of the firms' professional indemnity (PI) insurers.

Bank of England governor Mark Carney has said rates could be as high as 3% over the medium term, endorsing comments made by colleague Charles Bean earlier this week.

Ensuring direct-to-consumer (D2C) platforms do not stray into advice has become an "obsession" that is ultimately stunting innovation, a report has concluded.

The Financial Services Compensation Scheme (FSCS) has said its investigation into the viability of investor claims against major Harlequin distributor TailorMade Independent is ongoing.

Tory pressure group Renewal has proposed scrapping the 40p higher rate of income tax and replacing it with a 45p rate for some earners.

The Times and Sunday Times have launched a wealth management service in conjunction with investment firm Bestinvest.

National Employment Savings Trust (NEST) director of communications and engagement Graham Vidler has quit to join the National Association of Pension Funds (NAPF).

The Labour Party has confirmed its policy to restrict higher-rate pensions tax relief to fund job creation will be in its 2015 manifesto.