News

Tied wealth manager St James's Place has sent its advisers guidance on how best to describe its restricted service.

Royal Bank of Scotland is still in negotiations with the Financial Services Authority (FSA) over how much it will have to stump up for its role in the LIBOR manipulation scandal.

Schroders has reached an agreement to acquire US investment grade fixed income manager STW Fixed Income Management.

The Financial Services Authority (FSA) has failed to make the case for its planned Arch Cru redress scheme announced earlier today, according to the Association of Professional Financial Advisers (APFA).

An email from one provider urging advisers to maximise sales in the last week of trail is "desperate" and in "poor taste", according to managing director of Yellowtail Financial Planning, Dennis Hall.

Ashcourt Rowan is restructuring part of its business as it expands across the UK to service clients post-Retail Distribution Review (RDR).

The IMA expects to announce the results of its Absolute Return sector review by the end of February.

Bromsgrove-based adviser AFH Financial Group has bought two IFA firms to make it up to 12 acquisitions this year.

Fidelity has hired Peter Kaye from Dalton Strategic Partnership to run its $1.6bn American fund, as current manager Aris Vatis leaves the group.

AXA Wealth has added two London & Colonial (L&C) pension products to its Elevate platform to offer advisers more investment options after the Retail Distribution Review (RDR).