News

Investment Management Association (IMA) chief executive Daniel Godfrey says we should "interrogate quite hard" the assertion that the price of fund management has dropped elsewhere in the world, but not in the UK.

Some advisers are taking a stand against the old saying that the customer is always right - and are making a case for firmly telling the client ‘no'.

Lawyers are warning that advisers will suffer from the Financial Ombudsman Service (FOS) practice of increasingly splitting complaints to achieve maximum rewards for consumers.

The Financial Conduct Authority (FCA) is challenging lenders to improve their arrears and foreclosure management following a thematic review which found several counts of bad practice at firms.

Advisers using funds in the J.P. Morgan Fusion range can now create white-label client reports about their performance via a new tool.

Clients who have their investments geared towards a specific outcome gain more from the advice process than those focused on ongoing market developments alone, according to discretionary fund manager Thomas Miller Investment (TMI).

Aviva has launched a specialist protection team to offer a tailored service for protection cases with high levels of cover and large premiums.

St James's Place (SJP) is nearing the acquisition of one of the largest privately-owned IFA firms in the Asia region, in what its chief executive said could represent the first of several moves into expatriate jurisdictions.

Emerging markets specialist Ashmore recorded outflows of almost $3bn in the six months to 31 December as the sell-off in the asset class continues.

The FTSE 100 reached a 14-year high yesterday while the S&P 500 hit a new record level, lifted by M&A activity.