News

One of the most influential Liberal Democrat members of the coalition has insisted the party will continue to argue for a mansion tax, targeting "unearned wealth".

Some businesses will not be allocated a dedicated superviser from next year as the regulator - the Financial Conduct Authority (FCA) - looks to adopt a "proactive" rather than "reactive" approach.

Schroders' Retail Distribution Review (RDR) gap-fill training programme has been awarded Chartered Insurance Institute (CII) CPD accreditation.

Kames Capital is launching a Global Equity Income fund for Piers Hillier and Mark Peden, while the group has also announced details of its new RDR share classes.

Canada Life has announced its post-Retail Distribution Review (RDR) proposition and the charging options it will make available on its products.

Fidelity FundsNetwork will roll out its Retail Distribution Review (RDR) ready adviser fees service on 8 October, facilitating ongoing, initial and specified fees.

The Maidstone office of national financial advisory group Perspective Financial has achieved corporate chartered firm status.

Terry Smith has criticised Nick Clegg's "brain dead" idea to allow parents to use their pension to help their children on the "over-priced" property ladder.

A Financial Ombudsman Service executive has urged firms to "embrace, encourage and celebrate" complaints, arguing they need to plan for imperfections.

Asian and US markets closed lower overnight as the latest economic data emerging from leading economies around the world continued to worry investors.