News

Mattioli Woods has launched an in-house discretionary portfolio management service.

Net retail sales of funds of funds have exceeded £1bn for the first time in a year, according to Investment Management Association (IMA) figures.

Axa Wealth has appointed Nucleus' Andrew Smith as chief operating officer (COO) of its platform proposition, Elevate.

The National Institute of Economic and Social Research (NIESR) has called on the government to loosen its debt reduction plans as growth forecasts are slashed for the UK.

Total assets on Axa's platform proposition Elevate grew by 49% to £4.3bn over the last year.

Trade body SIFA has protested against the reduction in time allowed for responses to a Solicitors Regulation Authority (SRA) consultation into adviser referrals, stating the reduction is not "proper and democratic".

Abbey for Intermediaries is to reduce rates on a number of its mortgage products.

A new website called The Retirement Academy has been launched to help advisers with retirement queries and research in the approach to RDR.

The jobs of tens of thousands of financial intermediaries working across Europe would be at risk if the European Commission (EC) outlaws the payment of commission to advisers, a lobby group has said.

Dentons Pension Management has launched a new technical service to help advisers with SIPP and SSAS queries.