News

Head of FundsNework David White is to leave Fidelity after ten years with the company.

The Financial Services Authority (FSA) has fined BlackRock Investment Management (UK) Limited (BIM) £9.5m for client money breaches.

Network Sesame has topped the Financial Ombudsman Service (FOS) complaints table for IFA businesses, with 138 complaints in the first half of this year, compared to 140 in H2 2011.

The government should "stand up for low-income savers" and lift the restrictions on the National Employment Savings Trust (NEST), a Conservative MP has said.

The founder of a campaign for more transparent fund charges has called Investment Management Association (IMA) figures showing average fees to be about 0.3% as "misleading claptrap".

Barclays' new boss Antony Jenkins has vowed not to break up the bank by axing its investment banking operation.

Shares across the globe fell overnight as renewed fears about Germany's likelihood of approving rescue plans plagued investors once again.

More than half of the UK population has never received financial advice or cannot recall receiving any, research from the Money Advice Service (MAS) has suggested.

AJ Bell is stepping up its income drawdown lobbying activities by urging clients and advisers to write to their MP.

The Financial Services Authority (FSA) has underlined the importance of advisory firms carrying our cost comparisons when undertaking replacement business.