News

The Office of Fair Trading (OFT) is expected to reach its conclusion on whether the merger of Australian data and software provider IRESS with technology provider Avelo would hinder competition in the market in February.

Hargreaves Lansdown has revealed it was offered share classes for its new 'Wealth 150+' fund range with annual management charges as low as 0.25% for active equity funds.

Friends Life has launched an annuity underwritten on savers' lifestyles, rather than specific medical conditions, in a bid to compete on the open market.

London & Colonial has teamed up with TAM Asset Management to provide investors with a socially responsible pension strategy and charitable donation scheme.

Outside analysts have cost the Financial Conduct Authority (FCA) £76,885 since June, for work done predominantly on consumer credit.

Hargreaves Lansdown will not announce the funds on its revamped Wealth 150 list until 1 March - but said it has secured annual management charges (AMCs) as low as 30bps for some active equity funds.

The Financial Conduct Authority (FCA) and City of London Police have arrested three people in connection with a fresh boiler room investigation.

Discount broker Clubfinance is replacing the tiered annual fee structure on its investment platform with a flat rate of 0.24%.

The Financial Conduct Authority (FCA) has hired Maggie Craig, a former director of the Association of British Insurers (ABI), as an adviser on policy issues.

Davy Private Clients, the Northern Ireland-based wealth management and financial planning division of J&E Davy (Davy), has agreed to acquire Square Seven Financial Planning, part of a two year acquisition spree.