News

Rathbones has seen its funds under management swell to more than £20bn, helped by its recent acquisition in the private client space.

MPs on the Work and Pensions Committee have welcomed the government's move to ban consultancy charging on auto-enrolment schemes.

Hornbuckle Mitchell has posted a 5% revenue increase and 21% growth in year-on-year earnings for 2012, announced less than a month after the firm sold a controlling stake to two private investors.

Respect MP George Galloway has joined with the IFA Centre to rally all 650 members of Parliament to fight for compensation for Arch Cru investors.

The amount of money put into ISAs has fallen for the first time ever, according to accountancy firm UHY Hacker Young.

The Treasury has claimed that the Equitable Life payments scheme is on track to close on schedule in 2014, despite claims it has been hit by delays and mistakes.

The Financial Conduct Authority (FCA) has warned borrowers about an unregulated mortgage adviser promising self-certified and 100% plus LTV loans.

Pension provider Scottish Widows has been told it cannot reclaim almost £100,000 it mistakenly paid to a divorcee three years ago.

Investment services provider Morningstar has launched a managed portfolio service for advisers.

Royal London has reported assets under administration on its Ascentric wrap platform have risen 16% to nearly £6bn, in what the company said is the wrap's "best ever quarter".