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News

Managed solutions

Woodford sells out of long-standing position in Vodafone

Invesco Perpetual's Neil Woodford has sold his position in Voadafone, a former favourite in his two huge income funds.

clock 08 February 2013 •

Europe

Euro budget deal 'close' after through-the-night talks

European leaders are set to announce a long-term deal that would see the EU budget cut, in real terms, for the first time since the European Union was created.

clock 08 February 2013 •

Wrap/platforms

Hargreaves ready to respond to potential price war

Platform giant Hargreaves Lansdown has said it is ready for any price war started by rivals looking for a foothold in the direct to consumer market.

clock 07 February 2013 •

Your profession

Industry backs plans for basic financial education

A draft National Curriculum for England which includes plans for compulsory financial education at secondary school has been hailed as "a victory" by industry campaigners.

clock 07 February 2013 •

Equities

BlackRock reveals investors snapped up equities in January

Investors have been trading equities en masse according to the latest data from BlackRock, with 94% of a record $262.7bn of flows accounted for by the asset class last month.

clock 07 February 2013 •

Economics / Markets

Cardy: Mifid means IFAs still need separate trade body

Europe's Markets in Financial Instruments directive (Mifid II) distinguishes between independent and restricted advice, meaning a separate trade body for IFAs is still necessary, according to the founder of the IFACentre.

clock 07 February 2013 •

Wrap/platforms

Novia poaches another from Zurich sales team

Novia has appointed its second sales manager recruited from insurer Zurich.

clock 07 February 2013 •

Wrap/platforms

Lighthouse picks Elevate for restricted advice arm

Lighthouse will use Elevate as one of the core components of its restricted advice offering.

clock 07 February 2013 •

Economics / Markets

BoE: expect two more years of above-target inflation

The Bank of England's Monetary Policy Committee (MPC) has said inflation may remain above the 2% target for the next two years, in part due to sterling weakness.

clock 07 February 2013 •

Regulation

Ex-Honister IFA charged with £730k tax evasion

An ex-Honister financial adviser charged with evading tax estimated at £730,000 is to appear at Worcester Crown Court next week.

clock 07 February 2013 •
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