News

The move to ban consultancy charging is "less dramatic than it sounds" as most of the charges that can end up with the employer's adviser remain unaffected, according to a consultant.

Alan Burnett, head of UK intermediary business at Martin Currie, is to leave the firm at the start of June for Lyxor Asset Management.

Skandia has led tributes to British Olympic sailor Andrew 'Bart' Simpson, who passed away yesterday after a Swedish catamaran capsized during a training session.

House prices have risen by an average of £6,726 in the past year thanks to a ‘significantly improved' mortgage market.

Russell Investments is partnering with Distribution Technology, a fund risk profiling specialist, to provide independent risk profiling for 16 of its funds and model portfolios.

Suffolk Life has acquired the self-invested personal pension (SIPP) business from Yorkshire-based wealth management business Pearson Jones.

Skandia's confidence barometer reveals that international advisers'confidence in the global economy has increased for the third quarter in a row taking the rise in confidence up to six out of 10 - up from 5.8 at the end of last year.

A joint investigation by the UK, the US and Australia to identify those using offshore tax havens to hide wealth has uncovered more than 100 people.

Britain's recovery is gathering momentum on the back of a "stunning" resurgence in manufacturing, economists said, as advertising spending - another economic bellwether - bounced back to levels not seen since the recession struck.

The Co-op could require taxpayer support for its banking arm after the business had its credit rating downgraded by Moody's, which warned the mutual faced losses that it might not be able to afford.