News

Adviser support group Tenet has tapped into the consumer care market by teaming up with a new online advice service specialising in the care industry.

Standard Life has appointed two new senior business development managers to its workplace business.

Investec Wealth & Investment's chief investment strategist Jim Wood-Smith has left the business.

Concerns over a potential end to US quantitative easing saw global fixed income markets slump in May, but further sudden sell-offs may be less likely.

Discretionary fund manager (DFM) Parmenion said it has witnessed a surge in new funds under management since the start of the year due to increased appetite among advisers to review their investment propositions.

Manufacturing has begun to contract in the US and China for the first time since the Lehman crisis, raising fears of a synchronized downturn in the world's two largest economies.

Britain's top companies had a torrid 2012 as nearly a third of their profits were wiped out while revenue growth was sluggish at best, a new report has revealed, and profits would need to bounce back by 40% to justify the recent market surge.

One worker in five is putting nothing aside for retirement, a report warns. A further third of Britons are not saving enough to avoid a dramatic fall in living standards in old age.

Fidelity FundsNetwork has appointed Personal Finance Society (PFS) director Jon Everill head of advisory services.

Multi-asset managers have been moving back into property for the first time since the financial crisis, as higher income levels from the sector attract yield-hungry investors.