News

An IFA who has been plagued by phone calls from pension liberation promoters has decided to fight back against this shadowy part of the industry by reporting the firms to the Financial Conduct Authority (FCA).

Wealth manager Towry has confirmed it is looking to acquire advisory firms, but is remaining quiet on claims one of its targets is Bluefin's financial planning proposition.

Former Investec energy specialist Mark Lacey is to join Schroders.

Platform Novia is to launch its own fund management arm in the final quarter of the year, providing advisers with a range of risk-rated portfolios to offer to clients.

The mental strain of worrying about cash-flow and making ends meet can reduce people's IQ, according to scientific research.

UK income managers may be set for a huge boost if Vodafone agrees to sell its 45% stake in Verizon Wireless, but any deal could create longer-term problems for the UK dividend market.

Positive data pointing to the increasing pace of the UK economy is putting the Bank of England (BoE) under greater pressure to rein in market expectations of an interest rate rise.

Top fund managers have expressed anger over Co-operative Bank's £1.5bn rescue plan and warned its risk a full-scale investor rebellion if it fails to deal with its bondholders.

Fred Goodwin's 'details orientated' management style - which included introducing thousands of custom-made round-topped storage units to deal with his growing irritation over piles of paper - has been showcased in a new book.

Old Mutual's Richard Buxton has warned investors in the housebuilding sector the UK is far from experiencing a housing boom.