News

Pensions provider Royal London has posted a strong growth in sales through advisers following the Retail Distribution Review (RDR), with its platform new business sales up a record 39% on last year, the firm's interim results have revealed today.

The FTSE 100 has shed 40 points in early trading to move back towards the 6,400 mark, compounding losses suffered in recent days.

BlackRock have poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.

One in seven workers has no idea when they will be able to retire, according to research from Barings Asset Management.

Royal London has seen inflows return to its asset management unit in H1 and pointed to Retail Distribution Review (RDR) implementation as a key driver of growth across the business.

Fears over the end of QE in the US and stronger data from the eurozone caused UK and US government bond yields to jump on Monday, surprising investors.

Two tax consultants have been charged with fraud over their part in a £1m tax scheme which took advantage of charity reliefs.

The leader of a £1.5bn bid to take over 315 branches up for sale by Royal Bank of Scotland (RBS) has warned the lender it must take the offer seriously.

Societe Generale has launched a new series of investment products available exclusively to IFAs in the UK.

The five major UK banks all recorded a profit in the first half of the year for the first time since 2010, a report has found.