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News

Investment

Tenet reports loss after £4.5m Arch Cru and Keydata redress provision

Network Tenet has reported a loss of £4.4m after making a £4.5m provision for claims relating to Arch Cru and Keydata.

clock 10 June 2013 •

Investment

Architas introduces 0% AMC offer on passive fund range

Architas has introduced a new charging option for its range of risk-rated passive investment funds.

clock 10 June 2013 •

Regulation

Labour looks to cap state pension

State pensions will face a cap under Labour should the party win the next election, shadow chancellor Ed Balls has said.

clock 10 June 2013 •

Your profession

Chase de Vere opens office in Cambridge

National IFA Chase de Vere has opened a new office in Cambridge and is targeting growth in East Anglia.

clock 10 June 2013 •

Wrap/platforms

Leaked figures show Cofunds retail sales dived in 2012

Platform giant Cofunds is set to report a significant drop in net retail sales of more than £1bn for 2012, compared to the previous year.

clock 10 June 2013 •

Investment

Buffett charity lunch sells for $1m

A private charity lunch with Warren Buffet has sold for $1m - less than a third of last year's price.

clock 10 June 2013 •

Income

Friends Life partners with Key Retirement Solutions in OMO push

Friends Life has launched a venture with Key Retirement Solutions to bolster the support it offers customers at retirement.

clock 10 June 2013 •

Wrap/platforms

Platform industry losses near £50m despite AUA growth

Total platform industry costs stood £50m higher than revenues in 2011 despite assets under administration of nearly £250bn, according to Altus.

clock 10 June 2013 •

Offshore Investment

deVere Group develops global e-advice system

International financial planning firm, the deVere Group, is to launch new advice technology that will be implemented in its offices worldwide.

clock 10 June 2013 •

Investment

Barclays steals RBS's crown as UK's 'least trusted bank'

Barclays is the least trusted bank in Britain, according to a new survey.

clock 10 June 2013 •
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