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News

Critical Illness

L&G upgrades critical illness cover

Legal & General (L&G) has made a number of changes to its critical illness insurance (CII) plans.

clock 07 August 2012 •

Your profession

Sanlam Private Wealth snaps up three advisory books

Sanlam Private Wealth (SPW) has acquired three advisory firms, bringing in a combined £75m in funds under advice.

clock 07 August 2012 •

Economics / Markets

Standard Chartered shares fall 23% amid laundering allegations

UK-listed banking giant Standard Chartered saw its UK share price fall by almost a quarter in early morning trading following allegations it assisted in a $250bn money laundering scheme.

clock 07 August 2012 •

Economics / Markets

Ay bendito! Technical glitch shuts Spanish stock market

Spanish stocks rallied sharply on Monday afternoon after a technical glitch shut down the country's blue chip index for almost five hours.

clock 07 August 2012 •

Economics / Markets

UK's AAA-rating 'not the be all and end all'

The UK's highly-prized AAA-credit rating should not be seen as the 'be all and end all' of government policy, Chief Secretary to the Treasury Danny Alexander has said.

clock 07 August 2012 •

RDR

L&G readies restricted advice solution as profits rise

Insurer Legal & General (L&G) said it is ready to deliver a restricted advice solution for its distribution partners after announcing an increase in half-year profits.

clock 07 August 2012 •

Regulation

FOS board changes on the horizon

Changes could be made to the Financial Ombudsman Service (FOS) board ahead of the industry-wide regulatory upheaval next year.

clock 06 August 2012 •

Regulation

Tenet repeats call for product premium to fund regulators

A premium charged on products and investments could part-fund the Financial Services Authority (FSA) and Financial Services Compensation Scheme (FSCS) and ease the burden of regulatory costs on advisory businesses, IFA support group Tenet has suggested....

clock 06 August 2012 •

Wrap/platforms

Nucleus enables DFM switching on wrap

Wrap platform Nucleus has updated its discretionary fund management (DFM) proposition, offering its adviser users more options when managing client investments.

clock 06 August 2012 •

Wrap/platforms

Advisers put speed first when selecting platforms - research

Financial advisers are prioritising the speed of doing new business with platforms as the most important factor when selecting a provider, research suggests.

clock 06 August 2012 •
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