News

Chase de Vere is poised to restructure its corporate advice arm but said that side of the business will remain a core part of the firm.

A former adviser and his business partner were found guilty of six charges in relation to giving unauthorised advice and concealing facts by a court on Thursday.

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Yesterday Aberdeen Asset Management confirmed rumours it was in talks to buy Scottish Widows Investment Partnership (SWIP), a deal which would make it the largest listed fund management firm in Europe.

Zurich has created two new management roles in its UK life business to "take full advantage of significant market opportunities" and has hired former chief operating officer of Aegon employee benefits Iain Black.

Robeco, Pictet, Kames, Jupiter and Impax are among this year's finalists for the Environmental, Ethical and Social Global Investment Awards 2013.

Hargreaves Lansdown's head of research Mark Dampier has sold a portion of his stake in the platform giant for more than £620,000.

UK GDP growth was 0.8% in the third quarter of the year, according to the first estimate from the Office for National Statistics (ONS).

The Financial Services Compensation Scheme (FSCS) has paid out £5,696,776 in claims related to failed contracts for difference (CfD) trader Direct Sharedeal - with liabilities falling on investment advisers.

Bank of England Governor Mark Carney has promised to keep interest rates lower for longer, ahead of the release of UK GDP growth data for the third quarter.