News

A group of investors is preparing to pursue self-invested personal pension (SIPP) provider Stadia Trustees for hundreds of thousands of pounds via the Financial Ombudsman Service (FOS) for what it claims was its failure to carry out proper due diligence...

Three of the regulator's top brass have spent almost £10,000 on foreign travel and accommodation in the first half year of the Financial Conduct Authority's(FCA) existence.

The number of calls to the Financial Conduct Authority's (FCA) ‘whistleblower hotline' to report suspected malpractice in the financial services industry has jumped 23% in the last year, according to figures obtained by law firm RPC.

City Financial plans to launch an independent fund research service in the spring for financial advisers run by Peter Toogood and Gill Hutchinson.

Aberdeen CEO Martin Gilbert has said Lloyds Banking group's plan to boost its wealth management capabilities is a crucial factor in the fund manager's deal to buy SWIP, but refused to be drawn on possible job cuts.

Nick Clegg has said he is pushing his Tory coalition partners to agree to cut income tax bills by another £100.

Aberdeen has beaten off competition from Macquarie to acquire Scottish Widows Investment Partnership (SWIP) in a deal worth up to £650m.

David Coombs, head of multi-asset investments at Rathbone Unit Trust Management, has bought a number of new funds in the last few months as he rejigs his portfolios to focus on global growth.

Lloyds Banking Group (LBG) workers may strike over the group's decision to remove inflation protection from its defined benefit (DB) pension schemes.

The Financial Ombudsman Service's (FOS) chief ombudsman and chief executive Natalie Ceeney is to step down after four years in office.