Honister Capital administrator Grant Thornton has sold its advisers' commissions to a corporate advice firm, with some IFAs forced to pay more than 50% of commissions to novate clients to another firm.
The Serious Fraud Office (SFO) has pledged to continue its investigation into a property magnate linked to the collapse of Icelandic bank Kaupthing, despite a setback in the High Court related to search warrants it obtained as part of its inquiries.
First State Investments will no longer accept new platform business for its £5.6bn Asia Pacific Leaders and offshore Global Emerging Markets Select funds in an effort to limit inflows.
Retirement Planner's round-up of the top pension stories this week.
In this week's quick fire poll we ask: Do you think the latest pension Key Feature Illustration changes from the FSA will benefit consumers?
Charlie Porter is to step back from his role at the helm of F&C Investments, Investment Week understands.
Only one in ten employers understands how to discharge their duties under auto-enrolment, Department for Work and Pensions (DWP) research has found.
Confidence in defined contribution (DC)pensions has fallen so low that the majority of workers would choose an inferior financial reward over a 10% boost to their employer contribution, research has found.
Wealth manager St James's Place (SJP) is offering a range of extra services to strengthen relationships with new and existing clients.
The gearing and mid/small cap bias of Anthony Bolton's Fidelity China Special Situations trust have raised questions over its suitability for retail investors, Winterflood Securities has said.