News

Advisers have largely supported a High Court decision to allow a couple to pursue their IFA firm for extra compensation, even though it had already paid them £100,000 following a Financial Ombudsman Service (FOS) decision.

Software firm IRESS is launching a cashflow modelling tool, as part of an expansion of its wealth platform.

The FTSE 100 has started to recover during this morning's trading, after its first poor finish since the start of the year on Monday.

St James's Place (SJP) and Standard Life are two of the few companies to benefit from the Retail Distribution Review (RDR), according to analysts at Investec.

F&C Investments has launched the first capital-protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.

Members of parliament are due to vote on Tuesday on controversial government plans to place a 1% cap on annual rises in some benefits and tax credits for three years.

The euro crisis is over, according to European Commission president José Manuel Barroso.

Some 270,000 people have decided to opt out of receiving child benefit following changes to eligibility rules, according to the latest figures.

The coalition government has renewed its commitment to reforming long-term care but has not confirmed the level of a cap or timescales for implementation.

David North, head of asset allocation and head of global high yield bonds at Legal & General IM, is to leave the group after 12 years.