News

The Financial Conduct Authority (FCA) has banned a former adviser to SLS Capital - the company whose bonds underpinned the failed Keydata investments - for giving the misleading impression that the SLS bonds were soundly backed assets.

Invesco Perpetual has made a major change to its charging structure across its range of funds, scrapping the annual management charge in favour of a single charge which encompasses all costs.

The Financial Services Compensation Scheme (FSCS) has said it no longer expects to raise an interim levy on investment advisers for the 2013/14 period.

Skandia is working in conjunction with IFAs on a service which will enable advisory clients to use its platform directly in order to top up ISA holdings.

The Royal Bank of Scotland has made an £8.2bn loss in 2013, as it struggled with the burden of regulatory fines and splitting up the business.

Insurer and asset manager Standard Life reported a 13% dip in group pre-tax operating profits for 2013 despite strong inflows.

Jupiter saw its assets under management hit a new record in 2013, driven by strong flows into several key funds.

Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.

Organisations representing employers, consumers, workers and the elderly have joined the National Association of Pension Funds (NAPF) in urging the government to rethink its commitment to pot follows member.

Royal London has appointed a new head of intermediary business and chief financial officer in a management reshuffle.