News

The IMA is to create a "classy, comprehensive and responsive" help centre for fund groups looking to set up shop in the UK.

Investors and backers of Richard Buxton's UK Alpha Plus fund have reacted positively after the group revealed it has poached well known managers from Jupiter and Neptune to replace the outgoing star.

Mark Norris, the former chief operating officer (COO) at the Financial Services Authority (FSA), has been appointed as COO of the University of Greenwich.

Hargreaves Lansdown has topped the FTSE 100 index in early trading after reporting record levels of assets under administration in its quarterly results this morning.

Franklin Templeton Investments has appointed David Zahn to head its European fixed income team following an overhaul of its strategy in this area.

The Financial Ombudsman Service (FOS) has ruled in favour of five clients who invested almost £2.6m via their IFA 20Twenty Independent in a film scheme.

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Mervyn King, the outgoing governor of the Bank of England, has warned central banks risk becoming more politicised as a result of their efforts to tackle the banking crisis and subsequent recessions.

Schroders has poached Jupiter's Philip Matthews and Neptune's Alex Breese to replace Richard Buxton and Errol Francis who are moving to Old Mutual Global Investors.

Retirement Planner's round up of the top pension stories this week.