News

St James's Place's (SJP) distribution business tumbled into the red last year, which the firm said was due to the cost of hiring more advisers, and a £5.5m Financial Services Compensation Scheme (FSCS) levy.

A dozen financial services organisations have met to discuss their concerns and share their objectives and initiatives in an attempt to "harness the untapped potential of working collaboratively".

Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.

Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.

HSBC shares have fallen almost 5% after full-year results failed to meet market expectations.

Scotland's £800bn fund management industry has begun to step up contingency plans in the event the country's populace votes for independence this September.

Hargreaves Lansdown has outlined five amendments to the rules surrounding ISAs ahead of the March Budget which it said could help boost saving and investment.

Pure Retirement, a new equity release provider, has launched to market with its Pure Drawdown Plan, a high loan-to-value lifetime drawdown scheme.

The government has launched an advertising campaign targeting taxpayers with money hidden in offshore accounts.

Three of the top ten dividend payers globally in 2013 were British companies, while financials accounted for the greatest proportion of payouts, according to a new study by Henderson Global Investors.