News

Adviser support group Tenet is introducing guidelines for its advisers using social media sites to provide them - and the group's compliance managers - with "complete peace of mind".

Financial planning business Carbon Financial Partners has received a top accolade from the Institute of Financial Planning (IFP).

Pension savers affected by the lifetime allowance reduction - set to come into force from April next year - should start taking action now to minimise the risk of breaching the limit, a wealth manager has said.

Retirement results in a "drastic decline" in physical and mental health, according to a study released today.

The Financial Conduct Authority (FCA) is stepping up efforts to ensure firms are meeting its client money rules, according to a consultant.

Yorkshire Bank has "serious questions to answer" over failed property scheme Arck LLP - now under investigation by the Serious Fraud Office (SFO) - which left investors millions of pounds out of pocket, an MP has said.

The Royal Bank of Scotland (RBS) has announced it is to cut a further 1,400 roles across the country as part of a restructure of its support staff teams.

Independent financial adviser Bradbury Hamilton has bought two client banks as part of its growth strategy and has further acquisitions in sight.

Advisers should be aware that their clients may be unreasonably seduced by the idea that a bespoke discretionary fund managed (DFM) portfolio is 'created especially for them', according to one asset manager.

Novia, the online wrap provider, has already loaded 80% of available clean share classes and is targeting the provision of access to more than 2,500 by the end of June 2013.