News

The Department for Work and Pensions (DWP) is set to begin a widespread advertising push on September 17 using "trusted voices" in the media to gain public support for auto-enrolment.

Wealth manager Brooks Macdonald has announced a spate of acquisitions alongside a hike in profits which have jumped 17% to £8.5m year-on-year.

A Conservative peer has urged the coalition to cut the Capital Gains Taxes (CGT), arguing it discourages savings and investment and drives funds away from assets with high returns.

The Financial Services Authority (FSA) is urging firms to consider their professional indemnity insurance (PII) situation and client communications ahead of Retail Distribution Review (RDR) implementation.

Fidelity has expanded Trevor Greetham's multi-asset range of funds, after launching a higher-risk adventurous fund.

IFA firm AFH has bought Hereford-based adviser Elgar Financial for £120,000.

Axa Wealth has confirmed it will not retain any commission on advised top-ups after the Retail Distribution Review (RDR), insisting charges will be reduced for clients.

The Financial Services Authority (FSA) has banned former HBOS executive Peter Cummings and fined him £500,000 for failings within the company's corporate division.

Invesco Perpetual has appointed David Millar, Dave Jubb and Richard Batty to form a new multi-asset group as an integral part of its Henley investment team.

Aviva is to axe four products to new business, including its Aviva self-invested personal pension (SIPP), blaming duplication in the product range for the move.