News

The Financial Services Compensation Scheme (FSCS) has pledged to continue pursuing advisers it alleges mis-sold Keydata products.

Wealth management group Ashcourt Rowan has appointed two chief executives to head up its financial planning and asset management divisions.

Alliance Trust Investments has closed down three funds and announced a number of redundancies as chief executive Katherine Garrett-Cox overhauls the business.

The Bank of England (BoE) has extended its quantitative easing programme by £50bn, in a bid to get the UK economy out of recession.

The Pensions Regulator (TPR) needs to "beef up" its advice to consumers about alternative to traditional annuities, according to Prudential.

Aegon UK is in exclusive talks with third-party specialists Serco regarding outsourcing the administration of its protection business.

A millionaire property developer has been ordered to pay a total of £830,000 in fines and compensation for evasion of inheritance tax.

The Financial Services Authority (FSA) has issued final guidance for firms using centralised investment propositions (CIPs), pointing out the requirements when outsourcing to a discretionary investment manager (DFM).

The Financial Services Authority (FSA) is encouraging advisory businesses to review their replacement business sales processes.

Neptune has launched a Defensive Managed fund as it becomes the latest fund group to unveil a lower risk offering.