News

Barclays' wealth arm is in talks with the regulator about charging asset managers administration fees when their funds are recommended for private client portfolios.

The Finance & Technology Research Centre (F&TRC) has soft launched a free software comparison tool to help advisers compare available software according to their own priorities.

Bournemouth-based MFP Wealth Management is the first advisory firm to have been awarded the BS8577, a certificate demonstrating the firm has attained operational excellence as defined by the British Standards Institute.

Assets on the Cofunds platform have risen by £9bn since the beginning of the year to £45bn, according to the provider.

MoneySavingExpert founder Martin Lewis has called for the industry to scrap the word 'pensions', claiming its brand is tainted.

Rowanmoor Group has reported its largest yearly increase in scheme take-up in its six years of trading.

Venture capital trusts (VCTs) and enterprise investment schemes (EISs) are to fall under the Financial Services Authority's (FSA's) upcoming guidance on unregulated collective investments schemes (UCIS).

Almost a third of the UK 'tax gap' - the difference between what is owed to Her Majesty's Revenue & Customs (HMRC) and what is collected - is due to tax avoidance or evasion, according to the latest estimates.

Sun Life Assurance Company of Canada (UK) Limited (SLOC UK) has been fined £600,000 by the Financial Services Authority (FSA) for failings in the governance of its with-profits business.

The Council of Mortgage Lenders (CML) said it is important for borrowers to know the difference between the types of mortgage fees after BBC Watchdog examined lenders "squeezing" homebuyers with large arrangement charges.