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News

Economics / Markets

ONS report: households are saving more money

Households saved more money in the second quarter of this year as incomes improved, latest research has found.

clock 15 October 2012 •

Wrap/platforms

Alliance Trust sets £3bn target for adviser platform

Alliance Trust Savings (ATS) plans to increase assets on its adviser platform seven-fold by 2015.

clock 15 October 2012 •

Economics / Markets

Paradigm to sell PFA network to Caerus Capital

Keith Carby's Caerus Capital has bought Paradigm Financial Advisers (PFA) from the Paradigm Group.

clock 15 October 2012 •

Your profession

Personal Touch to cut 22 jobs in £1.5m savings drive

Personal Touch Financial Services has announced 22 job losses and restructured its board of directors to achieve a 25% cost saving in an attempt to "realign the business" and cut £1.5m in costs.

clock 15 October 2012 •

Investment

Pot follows member most 'cost effective' - DWP

Consolidating pensions through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.

clock 15 October 2012 • 1 min read

Regulation

MPs 'should lose' gold plated pensions

MPs should lose their gold plated defined benefit (DB) pensions and see them replaced by a career average set up, the Independent Parliamentary Standards Committee (IPSC) has recommended.

clock 15 October 2012 •

Investment

Asset managers test higher charges for top funds

A number of leading asset managers have introduced premium prices on popular products and specialist mandates ahead of the move to unbundled pricing next year.

clock 15 October 2012 •

Economics / Markets

UK will 'return to growth' in second half

The UK will return to growth in the second half of the year fuelled by consumer spending power despite exports continuing to disappoint, according to Ernst & Young's latest forecast.

clock 15 October 2012 •

Investment

Hargreaves rally continues as FTSE makes gains

Hargreaves Lansdown is topping the FTSE 100 leaderboard for a second consecutive day of trading as the index starts the week in the black.

clock 15 October 2012 •

RDR

Standard Life adviser charging goes live

All new business on Standard Life's wrap and FundZone platforms will be done on an advising charging basis from today.

clock 15 October 2012 •
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