News

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.

Advisers are now able to build, run and trade share portfolios as actively as a fund manager - but with trades costing as little as 50p, a fraction of the usual cost, a firm has said.

Consumer trust can "breed arrogance" within organisations, the leader of the Question of Trust campaign told delegates at the IFP conference yesterday.

Shadow home secretary Yvette Cooper yesterday called for new laws to be written to better deal with financial crimes such as LIBOR manipulation.

PanaceaIFA, the online community for IFAs, is rebranding to Panacea Adviser to reflect the changing advisory landscape ahead of the implementation of the Retail Distribution Review (RDR).

UK growth may yet provide a positive surprise relative to developed market peers, according to analysts at Credit Suisse.

A group of Nucleus IFAs have produced a free guide to risk management in advisory businesses.

Pensions minister Steve Webb has urged the industry to "take a chill pill" on the schedule for state pension reform.

Net retail sales for August plunged to their lowest level since October 2008, new IMA statistics show, dragged down by record outflows from the UK All Companies sector.