Almost 40% of UK adults would "never consider" using a professional financial adviser, a study commissioned by the Financial Services Authority (FSA) suggests.
The Investment Management Association (IMA) has urged fund groups to roll over past performance of existing fund retail classes to new ‘clean' RDR share classes.
Invesco Perpetual global equity income managers Paul Boyne (pictured) and Doug McGraw have left the group to take up new roles at a North American firm.
In this week's Retirement Planner quick fire poll we ask: Fears retiring baby boomers will monopolise resources and limit economic growth for future generations are "nothing to worry about", according to sociologist Frank Ferudi. Do you agree?
The Financial Services Bill, which will deliver fundamental reform of financial regulation in the UK, has received Royal Assent.
Wealth advice firm Towry Group is eyeing further expansion after raising £35m of new equity from two co-investors of private equity firm Palamon - AlpInvest Partners and Honeywell Capital Management.
Scottish Widows is considering re-entering the IFA protection market, possibly in 2014.