News

London & Colonial has raised concern over the continuing promotion of what it calls "questionable esoteric and overseas property developments" because of a loophole allowing IFAs to move such investments into unregulated environments.

The new City watchdog was last night fighting to defend its chairman amid accusations he enabled HBOS to pursue its reckless lending strategy.

LV= retirement and protection businesses both achieved 15% growth in 2012 according to its latest results.

Half of 25-34-year-olds plan to increase the amount they save into a pension this year, according to research from the National Association of Pension Funds.

Psigma Investment Management has cut the AMC on its discretionary fund range from 1% to 0.5% in a move to broaden its reach into the intermediary market.

A direct-to-consumer online protection provider has responded to claims that its critical illness cover is too basic, by stressing that the product will continue to develop as its simple online processes evolve.

PIMCO has launched an Inflation Strategy fund for Mihir Worah in response to the threat of rising inflation across the globe.

James Burns, head of the multi-manager desk at Smith & Williamson, said he sees investment opportunities in Europe, Japan and the United States (US).

Sesame Bankhall Group (SBG) executive chairman Ivan Martin is leaving after six years with the business, including three as chairman.

The IFA Centre and law firm Harcus Sinclair have today launched a website designed to handle the public response to news that Harcus Sinclair is building a case against Capita Financial Managers on behalf of investors in the Arch Cru funds.