News

Founder of Meaningful Money, Pete Matthew, is to launch a subscription community site for advisers looking to make better use of social media and improve their online marketing.

Former Chancellor Alistair Darling, who oversaw the bail-out of RBS and Lloyds in 2008, has urged the government to avoid a rapid disposal of taxpayers' stakes in the banking giants.

The Law Society has launched a consumer campaign to highlight the importance of using a solicitor when fighting insurance claims.

Axa Wealth has added 850 clean share classes to the Elevate platform, meaning that 90% of funds on the platform are now available with this option.

The Financial Services Compensation Scheme (FSCS) is reviewing its decision to reject claims from investors who lost money in troubled life settlement fund ARM on the advice of now-defunct IFA Rockingham Independent.

The Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds' rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector.

Bromsgrove-based independent financial advice firm AFH has acquired Somerset-based IFA Shape Financial in what marks the fourteenth acquisition by the firm since its flotation.

Direct to consumer (D2C) business Willis Owen has seen a 20% fall in pre-tax profit last year -and has set aside £45,000 to deal with complaints.

Paraplanners are being invited to take part in an independent ‘powwow' forum event this autumn - with sessions hosted in teepees.

The majority of advisers expect to increase their use of managed solutions and model portfolios as a result of the Retail Distribution Review (RDR), according to research by Fidelity FundsNetwork.