News

Barclays Wealth has acted to cut its services for clients with less than £500,000, as it follows through on plans revealed last year.

The Bank of England's Monetary Policy Committee (MPC) should hold off on raising interest rates even though its stated threshold for doing so - a fall in the unemployment rate to 7% - is in sight, according to a report.

Advisers are being warned to commit to the auto-enrolment market now or risk missing an opportunity.

Nick Train, a long-term backer of Hargreaves Lansdown, has said the platform's assets could hit £240bn by 2020 - a figure which would mean adding £200bn in AUA over the next six years.

The Venture Capital Trust (VCT) market is on track to generate a significant increase in new inflows this year, according to Albion Ventures managing partner Patrick Reeve, but it is not yet clear what role platforms will play.

Tenet Group has reversed last year's multi-million pound loss to post a net profit of £300,000 for the 12 months to 30 September 2013.

The Financial Conduct Authority (FCA) has appointed consultancy Promontory Financial Group and accountancy firm Mazars to lead its skilled persons (s166) review into the failures around the Royal Bank of Scotland's (RBS) lending practices to small firms....

Alliance Trust Savings (ATS) is offering £150 cash back to customers who open a new account and transfer their investment from another provider to an ATS ISA or individual dealing account (IDA).

Labour leader Ed Miliband will today outline plans to break up the largest UK banks, ending the dominance of the 'big four'.

A Wigan-based IFA of 12 years is taking his career in a new direction - by embarking on the journey to become a lifestyle financial planner.