News

Lloyds Banking Group has narrowed its losses for 2012 to £570m, from £3.5bn the previous year.

Nucleus has passed £5bn assets under administration (AUA) on its platform.

St James's Place has hit out at firms recommending unregulated investments after its payments to the Financial Services Compensation Scheme (FSCS) doubled in 2012.

The trader suspended from GLG amid a Financial Services Authority (FSA) insider dealing probe worked on co-founder Pierre Lagrange's European long/short fund, Investment Week can reveal.

The Financial Services Authority (FSA) has published its answers to another batch of advisers' questions on the Retail Distribution Review from its recent events...

True Potential's head of group compliance, Charles Jackson, has left the firm after just five months in the role.

Annuity specialist MGM Advantage, a mutual society, has been sold to private equity firm TDR Capital.

The Financial Services Compensation Scheme (FSCS) will not compensate investors bringing claims against Rockingham Independent for allegedly negligent advice - meaning there will be no additional levy for advisers.

A Supreme Court victory for the Financial Services Authority (FSA) could result in the regulator becoming more litigious, according to law firm Taylor Wessing.

Tyneside-based Moneygate Group has acquired discretionary fund management (DFM) and advisory firm Watermark in a bid to broaden its offering to clients.