News

Aviva Investors has introduced Retail Distribution Review (RDR)-ready share classes for a range of its most popular funds to cater for the needs of UK advisers and intermediaries.

The FTSE 100 has had the best start to a year since 1999 as investors pour billions back into global equities.

Mercer's Paul O'Connor is to join Henderson as a director on its multi-asset team. He will be involved in the management of an institutional strategy called Diversified Growth when he assumes his role at the firm on 28 January.

City sackings and suspensions have hit a five-year high of 1,373 affected workers, according to figures obtained from the Financial Services Authority (FSA).

The Pensions Regulator (TPR) is "playing catch-up" with automatic enrolment regulations brought in last year, the Daily Telegraph reports.

The new flat-rate state pension, set at about £144 a week and starting in April 2017, is set to be confirmed later today (Monday).

Lloyds Banking Group has fired a 'rogue trader' after it uncovered a scheme designed to inflate the executive's bonus.

SPL Guernsey, the manager of what were the Arch Cru funds, is suing the former auditor of the fund range for £3.7m for breaches of duty in relation to the fund's accounts.

Adrian Coles, the director-general of the Building Societies Association, is to step down from his role later this year.

Just 2% of advisers in the Tenet network have gone restricted, after the firm encouraged members to remain independent.