News

Who moved where in another busy week in financial services...

Andrew Fleming has stepped down from his role as chief executive and chief investment officer at Kames Capital.

A Bath-based adviser has been banned by the Financial Services Authority (FSA) for failings relating to unregulated collective investment schemes (UCIS).

Liontrust doubled its assets under management to £3bn in the last 12 months as the takeover of Walker Crips and a sharp rise in inflows boosted the business.

Lindsay Tomlinson is to join Legal & General (L&G) as a non-executive director from 1 May.

Schroders will build a multi-manager arm to rival John Chatfeild-Roberts' Jupiter Merlin range once Cazenove's Marcus Brookes and Robin McDonald join the firm, global head of equities Peter Harrison has said.

Prudential has been fined £30m by the City watchdog while its chief executive Tidjane Thiam has been officially censured, following the failed AIA deal in 2010.

Academics have launched a consultation to establish the best way to model defined contribution schemes which could have "uncomfortable implications for plan members".

The Australian government has introduced legislation which will enshrine in law the terms ‘financial planner' and ‘financial adviser'.

In this week's Retirement Planner quick fire poll we ask: Would you be happy to put residential property into a SIPP if the government changes investment rules?