News

The International Monetary Fund (IMF) has cut its forecasts for UK GDP growth for both this year and next as it warns of a "ratcheting up" of financial market and sovereign stress in the eurozone periphery.

Just 15% of financial advisers are ready for the Retail Distribution Review (RDR), according to research released today.

Financial advice could boost retirement income by as much as £232 a month, according to a report released today.

The government has tweaked auto-enrolment staging dates for smaller employers again, after concerns were raised over the complexity of the way these companies were defined.

Fidelity Worldwide Investment is to add unbundled share classes for discretionary advisers to a dozen funds in its range.

Inflows into fixed interest and cash rose in the second quarter of 2012, according to Skandia's Investment Trends report.

Advisers expect to write less tax-wrapped business in 2013, according to research.

Trade association, the IFA Centre, has taken on two new member firms.

The continued squeeze on liquidity in the corporate bond market could lead to the closure of larger funds to investors and even cause parts of the corporate bond and gilt markets to shut down.

The former head of JPMorgan Cazenove, Naguib Kheraj, has emerged as one of the frontrunners to succeed Bob Diamond as chief executive of Barclays.