News

Two directors of self-invested personal pension outfit The Freedom SIPP have lost their legal battle to appeal against being banned from acting as trustees by two financial watchdogs.

BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for the Retail Distribution Review (RDR).

David Hickey's departure from Lighthouse Group has resulted in a significant investor withdrawing a demand for its board to be restructured.

Standard Life has partnered with a number of trade bodies to launch a Retail Distribution Review (RDR) guide for advisers to help their clients understand the changes.

Schroders is to launch a Global Macro Bond fund for Bob Jolly, a long/short fixed income vehicle targeting a yield of LIBOR plus 8%.

The Financial Services Authority (FSA) insists that it has reauthorised the vast majority of ex-Honister advisers who applied within its voluntary time frame, despite concerns among some advisers that the process has been slower than promised.

MPs on the Treasury Select Committee (TSC) will question financial secretary Mark Hoban on the Money Advice Service (MAS) later this week.

About half a million people who are approaching the current state pension age (SPA) are too ill to work, the Trades Union Congress (TUC) has said.

Back office provider IntelliFlo has appointed Dave Chessell as sales director.

Who has moved where in another busy week in financial services?