News

The platform industry will struggle to ever break even as a whole, according to research into firms' financial stability.

Insurance companies such as Standard Life and Resolution could lose out from a Financial Services Authority (FSA) probe into the £11bn annuities market, analysts said.

St James's Place has broken its silence over its sacking of Taube Hodson Stonex Partners (THS) after a twenty-year relationship.

Tenet has appointed Caroline Bradley as group finance director.

Assets under management in UK funds reached a record £658bn last year, with fixed income yet again the best-selling asset class despite a late surge in interest in equities.

Thousands of advisers have yet to obtain their mandatory statement of professional standing (SPS), according to figures from accredited bodies.

Aviva is to allow advisers to outsource investment to discretionary fund managers as part of its managed portfolio service.

The Financial Services Authority's (FSA's) thematic review into the annuity market needs to go much further than its current remit to reflect the development the market, a provider has said.

The Equity Release Council has revealed it will not replace outgoing director-general Andrea Rozario.

Details of the thematic review of the £11bn annuity market have been revealed by the Financial Services Authority (FSA).