News

The largest equity markets in the US have reached new record highs after an uptick in manufacturing data boosted investor sentiment.

Ashcourt Rowan's new head of funds research has moved to counter dwindling bond market liquidity by adding funds with "more stable" asset bases to the group's buy list.

Despite the anticipated cost of regulation, 25% of fund platforms anticipate greater profit margins in 2013, according to research undertaken on behalf of the Fund Platform Group (FPG).

President of the Institute of Financial Planning (IFP) Nick Cann has been taken ill and is to spend some time away from his post while he recovers.

Cofunds is suspending charges on its Suffolk Life-run self-invested personal pension (SIPP) while it upgrades its systems post-Retail Distribution Review (RDR).

Retirement Planner's round up of the top pension stories this week.

In this week's quick fire poll we ask: Advisers are concerned that some pension providers are automatically placing drawdown investors (who used to withdraw the previous maximum of 100%) on 120% GAD. Should providers take this approach?

A Warwickshire mortgage adviser, working under the company name Roche Commercial, has been jailed for 18-months for stealing thousands of pounds from clients.

Equity funds saw their highest net retail sales for nearly two years in February, the Investment Management Association (IMA) said today, with net inflows of nearly £1bn.

The government's U-turn of income drawdown transfer rules will be a ‘damp squib' warns Skandia.