News

Financial planner Informed Choice has criticising the bulk of absolute return funds for charging unjustifiably high fees and lacking consistency of returns.

Insurance brokers have raised concerns about Financial Services Authority (FSA) plans to increase their compensation threshold under the Financial Services Compensation Scheme (FSCS).

The new managing director of Bright Grey and Scottish Provident has admitted the provider has "taken its eyes off the ball" with underwriting speeds.

Meteor Asset Management has launched three structured kick-out plans.

Standard Life and Aviva have said that a letter from the Honister administrator to advisers stating it would not approve the bulk transfer of ex-Honister client agencies will not affect their decision on the issue.

Six people have been jailed after a successful Financial Services Authority (FSA) prosecution for insider dealing.

Sales of UK-listed funds have fallen to their lowest level this year, the Investment Management Association (IMA) has revealed.

A significant proportion of advisers are to adopt a "second platform" strategy following the Financial Services Authority's (FSA's) finalised guidance on independent and restricted advice, according to the Platforum's adviser platform guide.

IFAs expect DIY investing to rocket post the Retail Distribution Review (RDR), but the number that think this will cause problems for their clients has fallen year on year, according to research.

The Financial Services Authority (FSA) has proposed out new rules which would require banks and building societies to check customers' eligibility to claim on insurance cover provided in packaged accounts.