News

Legal & General has agreed to provide £40,000 in sponsorship for Action on Stroke Month in May 2014.

J.P. Morgan Asset Management (JPMAM) is to discontinue third party funds on its Wealth Manager Plus direct to consumer (D2C) platform.

Banks' redress payments to customers embroiled in the interest rate swap mis-selling scandal surged to £158.6m in December, putting most banks on track to reach their projected review targets.

Adviser network Openwork has announced that assets have reached £1bn, across its own platform and the Zurich investment platform.

Sesame Bankhall chief executive George Higginson is leaving the group after three years at the helm.

The Financial Conduct Authority (FCA) has warned investors of a new boiler room scam operating under the same name as authorised firm LBV Asset Management.

The Treasury has spent more than £2.6m on administering the Equitable Life payments scheme (ELPS) in the three months to November, government figures have shown.

Wealth manager Towry will accelerate its acquisition programme in 2014, with plans to buy as many as ten businesses, its head of wealth advice has said.

Support services provider SimplyBiz has launched an auto-enrolment (AE) tool to help its member firms deal with an anticipated influx of AE business.

Investors ditched fixed income funds - corporate bond portfolios in particular - and opted for UK and European equities in November as the great rotation becomes more and more visible, according to the latest figures from the Investment Management Association...