News

Fund buyers are increasing their exposure to absolute return equity funds to take advantage of sharp falls by companies which miss earnings estimates.

City Financial's multi-asset fund manager Tony Yousefian has left the firm after less than a year, IFAonline sister title Investment Week understands.

All the major retail banks and most medium-sized and smaller firms have made "significant" changes to their sales incentive schemes, but concerns over enticements linked to bank investment and protection sales remain, the Financial Conduct Authority (FCA)...

Phoenix Life attracted more than 400 complaints in the final six months of last year, according to latest data from the Financial Ombudsman Service (FOS).

Russian shares dropped to a five-year low yesterday, weighing on global markets, while the gold price jumped as the Ukraine crisis intensified.

Jeremy Tigue is to step down from the £2.4bn Foreign & Colonial trust as he prepares to retire at the end of the year.

At least four banking brands are considering a bid for Kensington Mortgages with private equity firms also interested in the lender.

Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority.

Vanguard Asset Management has soft-closed two of its popular US equity funds to new investors.

Warren Buffett's Berkshire Hathaway failed to beat the S&P 500's return last year, meaning it missed Buffett's target of beating the index over a five year period for the first time.