News

Wrap platforms are potentially "misleading" advisers by claiming their cash accounts facilitate adviser charging, according to Skandia.

Sense Network has said it made a profit of £310,000 for the 12 months ended 31 May, an increase of almost 30% on the previous year.

Insurer Aviva's core protection products are to be made available to Tesco Bank customers after the companies agreed a five-year deal.

The Financial Services Authority (FSA) has publicly censured Kaupthing Singer and Friedlander Limited (KSFL) for failures in the assessment and reporting of its liquidity position in 2008.

Cyprus has told European authorities it intends to apply for a bailout, making the country the fifth eurozone country to request international aid.

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Moody's Investors Service has downgraded the credit rating on 28 Spanish banks, including Banco Santander, less than a month after cutting the nation's sovereign rating.

Discretionary wealth manager and independent advisory group AFH has acquired Cheltenham-based IFA Specialist Solutions in a deal worth up to £725,000.

Lighthouse Group intends to launch a Direct to Consumer simplified advice service in a bid to capture a section of the mass market that is unable or unwilling to pay for financial advice.

AWD Chase De Vere has partnered with Welsh accountancy firm ktsowensthomas (KTS) following a tender process.