News

RWC is adding a distribution share class to its Global Convertibles fund in response to demand from UK discretionary fund managers (DFMs).

Santander's British arm is being investigated by the Financial Services Authority (FSA) for possible breaches in the quality of its investment advice, industry sources told Reuters.

Consumers are less likely to surrender on some life and pensions products if they were sold to them by an IFA, data collected by the Financial Services Authority (FSA) suggests.

Ros Altmann is to step down from her post as director-general of Saga.

The Financial Services Authority (FSA) has uncovered evidence of incompetency among investment advisers at a number of banks and building societies - resulting in unsuitable advice in some cases - following a mystery-shopping exercise.

The UK will avoid falling into a 'triple dip' recession but external forces still threaten the economy, according to the Confederation of British Industry (CBI).

Almost a quarter of people set to retire this year say they do not feel ready to stop working yet, according to research from Prudential.

The Law Society has welcomed calls for will-writing to be subject to regulation, but argues a failure to apply similar oversights to estate administration activities could harm consumers.

The Legal Services Board (LSB) is recommending that will-writing be subject to regulation after completing a two-year investigation during which it said it uncovered a "compelling case" for regulatory oversight of the industry.

Platforms are questioning whether delays among the 'big three' propositions in listing investment trusts (ITs) may be compromising the independent status of the advisers who use them.