News

The Association of Independent Financial Advisers (AIFA) has called for claims management companies (CMCs) to be regulated by the Financial Conduct Authority (FCA).

The Bank of England has held interest rates at 0.5% for the 42nd consecutive month and kept its bond purchase target at £375bn.

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

Alliance Trust Savings (ATS) will launch a new flat-free pricing model later this month, in an attempt to grow its advised business.

Allianz Global Investors is to merge away three UK equity funds as it refocuses its adviser business in the UK.

Oil prices dropped yesterday as economic data from China and Europe renewed concerns about a slowdown in global demand.

Fewer pension scheme members will be offered the chance to transfer out following the introduction of a voluntary code of conduct and changes in how members are advised, law firm Osborne Clarke has said.

The new financial regulators will have the power to discipline individuals for activities outside of the controlled functions they perform, under rules proposed by the Financial Services Authority (FSA).

IFA consolidator and wealth management business Bellpenny has received authorisation from the Financial Services Authority (FSA) today.

The UK economy is in "a very deep crisis" and it is difficult to predict when it will recover, according to Business secretary Vince Cable.