News

Legg Mason has appointed Joseph Sullivan president and permanent chief executive, after he served four months as interim chief executive.

Scottish Widows has launched a dedicated automatic enrolment website and telephone based helpline to help advisers dealing with the regulations.

The banks and building societies found by the Financial Services Authority (FSA) to be putting their customers at risk of receiving unsuitable investment advice should be identified, according to the Financial Services Consumer Panel (FSCP).

Aegon-owned Positive Solutions has said it will be ramping up its recruitment drive in 2013 for both its national IFA and network.

Nev Godley, vice president at Morgan Stanley, discusses the future for structured products in a post-RDR world.

The Pensions Regulator (TPR) is investigating 21 pensions liberation cases, after the amount of money transferred through the scams doubled to £400m last year.

The Bank of England's Monetary Policy Committee will tolerate missing the inflation target for the next two years in order to support the UK recovery, said Bank governor Mervyn King.

Santander is closing its advice service to new business in light of changes brought on by the Retail Distribution Review (RDR).

RWC is adding a distribution share class to its Global Convertibles fund in response to demand from UK discretionary fund managers (DFMs).

Santander's British arm is being investigated by the Financial Services Authority (FSA) for possible breaches in the quality of its investment advice, industry sources told Reuters.