News

Reports that government will enact Dilnot's £35,000 long-term care cap after the next general election could prevent confused clients taking immediate action on long-term care, a provider has warned.

UK retail sales have posted a surprise rise in July, up 0.3% from June, beating analysts' expectations of a more modest 0.1% increase.

Former Architas multi-manager Richard Philbin has joined Hampshire-based asset manager Hasley Investment Management.

AXA Elevate topped the Platforum's leaderboard for Q2 2012, with assets under administration (AUA) up 7% from £4bn to £4.3bn.

The Financial Skills Partnership (FSP) is to launch a plan to train 150 unemployed graduates as financial advisers.

Insurer Zurich has reported a 7% increase in profits or the first half of the year.

Fidelity is to rename Aruna Karunathilake's £167m UK Aggressive fund to better reflect its investment style.

Self-invested personal pension (SIPP) provider Pointon York Group is to delist from the PLUS market due to concerns over costs.

Private client manager James Hambro & Partners is to merge with rival Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.

National IFA AWD Chase de Vere is to open an office in Chester.