BlackRock is merging its UK Dynamic fund with its UK fund as part of a wider UK equity overhaul as Mark Lyttleton resigns from the group.
The Financial Services Authority (FSA) is planning to up its focus on advisers and wealth managers placing large amounts of client money in a single fund, amid fears some firms are not carrying out sufficient due diligence.
Wealth at Work is working with SAGA to provide a retirement income service to members.
Standard Life has named Eddy Reynolds as its head of adviser and investment proposition, in a newly created role.
The Financial Services Authority (FSA) has confirmed its approach to temporary product intervention and said the incoming Financial Conduct Authority (FCA) "will not hesitate" to use its powers.
Lighthouse Group has strengthened its relationship with Foresters Friendly Society meaning that the society's full product suite will now be made available to Lighthouse advisers.
The incoming Financial Conduct Authority (FCA) may change rules introduced following the Retail Distribution Review (RDR) sooner than planned if it identifies widespread non-compliance or any harmful unintended consequences.
The new-look regulator is to carry out a review of the charges on UK retail funds as it is concerned they may be detrimental to consumers.
HM Revenue & Customs (HMRC) has ruled it will tax rebates paid to consumers.
The total amount required to fund the incoming Financial Conduct Authority's (FCA's) budgeted costs for 2013/14 has been estimated at £432.1m.