News

Fifteen adviser firms have signed up to Verbatim Asset Management's Retail Distribution Review (RDR)-ready investment solution.

Aberdeen Asset Management has grown its profits by 15% in the last year despite "difficult and uncertain" market conditions.

AXA Wealth will put its platform at the centre of its business operation after the Retail Distribution Review (RDR) and is set to cut its pricing model significantly.

Higher rate tax relief on pensions is "costly and ineffective" and should be scrapped, a think thank has warned.

The Financial Services Authority (FSA) has fined UBS (UBS) £29.7m for systems and controls failings that allowed an employee to cause substantial losses totalling US$2.3bn as a result of unauthorised trading. 

Paul Tucker, the deputy governor of the Bank of England, could take the top job at the Bank as early as this week.

The publication of the final details of the Financial Services Authority's (FSA's) £110m Arch Cru redress scheme has been postponed due to the overwhelming response to the regulator's consultation.

Hundreds of suspected tax dodgers received letters from HM Revenue & Customs (HMRC) this weekend stating their financial affairs are under close scrutiny.

Investors suing advisers over 'mis-selling' of film investment schemes have claimed £8m so far, according to the Mail on Sunday.

The issue of advising small pension pots is to be debated in the House of Lords on 27 November.