News

A Liberal Democrat paper prepared for the party's conference will call for the lifetime allowance on tax free pension savings to be cut from £1.25m to £1m.

Zurich Insurance Group (Zurich)has appointed Kristof Terryn as CEO of its global life business with immediate effect.

The Financial Conduct Authority (FCA) has banned and imposed fines of £28,000 each on two individuals for failings related to the sales of unregulated collective investment schemes (UCIS) to some 800 investors.

Shares in the US closed sharply lower on Thursday - with some indices hit by the worst one-day percentage falls since late June - as positive jobs data sparked fears the Federal Reserve will move earlier than expected to taper its quantitative easing...

Advisers are increasingly turning to blended funds as investment solutions for clients, according to figures for the first half of 2013 from multi-manager Architas.

The Financial Services Compensation Scheme (FSCS) said it is continuing to receive claims in respect of the CF Arch Cru funds, and has put the likelihood of a further interim levy for 2013-14 as ‘medium'.

Insurer Zurich UK has pledged to continue to support advisers and says it has no existing plans to build a direct-to-consumer (D2C) offering, as the company announced mixed results for the first half of the year.

Wealth manager St. James's Place has selected Time4Advice to provide its back-office platform.

Advisory and accountancy group RSM Tenon has conceded that, should an offer for the business be forthcoming from Baker Tilly, its high debts mean "minimal value, if any" will be attributed to its issued share capital.

The Financial Conduct Authority (FCA) is writing to 11 fund groups this week as part of a thematic review into fund charges.