News

HM Revenue & Customs (HMRC) is to publish further guidance on whether discretionary fund managers should be eligible for VAT payments.

OBSR founders Richard Romer-Lee and Nigel Whittingham have left Morningstar OBSR to take a career break from the industry.

Aegon has declared its "full support" and confidence in the future of its national IFA brand, Positive Solutions, despite a number of high-profile departures and disruption caused by an exit clause introduced last year.

The banning of marketing "packages" between providers and advisory groups would bankrupt most networks and support service providers, Threesixty managing director Phil Young said.

Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.

The Conservative government will not introduce a 'wealth' or 'mansion' tax on the rich, but will step up its pursuit of those who are not paying the taxes they should, Chancellor George Osborne said today.

Independent financial adviser Paradigm Group is to launch an asset management business offering discretionary fund management services.

The Financial Services Authority (FSA) is fighting a proposal by Lloyds Banking Group to pay its first dividend since the government acquired a 43% stake in 2008, according to reports.

Proposals on changes to the calculation of the retail prices index (RPI) may harm pension funds, savers and investors, experts have claimed.

Wealth manager Rathbone Brothers has acquired an almost 20% holding in Vision Independent Financial Planning and its sister company Castle Investment Solutions for a total cash consideration of £2m.