News

Investment platform Skandia has taken on temporary staff to deal with an estimated "ten-fold" increase in workload following the administration of Honister Capital.

The FSA should go further in its DFM transparency drive and oblige discretionaries to publish total expense ratios for their portfolios, according to David Tiller, director of strategy & business development at Standard Life Wealth.

Auto-enrolment into workplace pension schemes with complex, high and outdated charging structures will spark an "unprecedented" mis-selling scandal, a report has warned.

Almost 70% of offshore bonds fail to meet the regulatory requirements of the Retail Distribution Review with less than three months until implementation, a survey has found.

Barclays has launched its latest round of FTSE autocall structured products with a number of platforms and self-invested personal pension (SIPP) providers.

The administrator of Connaught Asset Management is under investigation by an accountancy body for alleged misconduct in a separate case involving high street fashion chain Miss Sixty.

The Financial Conduct Authority (FCA) has committed to investigating the case for a long-stop as part of its business plan for 2014-15.

The Equity Release Council (ERC) has appointed six senior politicians to its new Advisory Board as part of an on-going development programme.

South East and London based national, Foster Denovo, aims to increase its workforce by approximately 50%, according to chief executive Roger Brosch.

Firms' failures to rectify mistakes has been a key factor in the rise of claims management companies (CMCs), Financial Ombudsman Service (FOS) chief executive Natalie Ceeney said.