News

The Department for Work and Pensions (DWP) has published its long-awaited defined ambition (DA) paper, setting out three proposals for new structures for schemes, including a 'flexible' defined benefit (DB) model which would see the removal of indexation...

Nearly two-thirds of advisers have expressed concerns that the UK education system is incapable of delivering on the next generation of advisers.

Schroders has moved to hard close Paul Marriage's popular long/short Cazenove Absolute UK Dynamic fund in order to preserve performance.

New life sales at Aegon's UK business were £190m in the third quarter of 2013, a 17% rise on the corresponding period last year, thanks to auto-enrolment, group pension and platform sales.

Schroders recorded third quarter pre-tax profits of £121.6m, a 37% increase from £88.6m in Q3 2012, as the impact of the acquisition of Cazenove boosted its numbers.

Aviva has reported new business growth of 5% in its core UK life operation for the first nine months of 2013, as the group continues its transformation following a difficult period in which its share price fell and an investor revolt led to the departure...

Cofunds was the largest UK adviser platform in Q3, in terms of assets under administration (AUA), and has since become the first £60bn fund platform in the UK.

Post-retirement life expectancy for men and women is declining, according to analysis of Office for National Statistics (ONS) data, though experts say it is likely a "blip" rather than a longer term trend.

3i group has sold its stake in Bestinvest to private equity firm Permira.

Chris Reid, manager of the Majedie UK Income fund has revealed five key stocks that he expects will help his fund maintain its top ranking in the UK Equity Income sector in the coming year.