News

Ascentric has broken the £4bn assets under administration (AUA) barrier as the Royal London-owned wrap nears 12 months of sustained profitability.

Safe Home Income Plans (SHIP) has appointed Nigel Waterson as its chairman following the retirement of Laurie Edmans, who stepped down after six years in the position.

The Financial Services Compensation Scheme (FSCS) has confirmed a £60m interim levy for financial advisers and other investment intermediaries.

MAM Funds is introducing a non-trail commission share class across its fund range ahead of the Retail Distribution Review.

London's leading share index edged closer to the 6,000 barrier today, as financials put the FTSE 100 on track for its sixth straight session of gains.

A Goldman Sachs executive has quit after criticising the "toxic" and "destructive" culture at the investment bank.

Standard Life CEO Paul Matthews said he is excited about the roll-out of the retail distribution review (RDR) next year, as he expects more advisers to use its fee-ready wrap and investment solutions.

A review published today claims providers of cash ISAs have shortened transfer times significantly since the Office of Fair Trading (OFT) intervened in 2010.

Clients who run a family business may be affected under controversial child benefit cuts set to be outlined in next week's Budget, according to accountants Baker Tilly.

Two thirds of Brits still plan to rely on the state pension to fund their retirement, according to research released today.