News

Wrap platform Nucleus has turned a quarterly profit for the first time.

Seven industry bodies have written to Steve Webb strongly criticising the government's proposals on Guaranteed Minimum Pension equalisation and calling for equalisation guidance put forward in January to be scrapped.

Police are investigating a US financial adviser who allegedly donated hundreds of thousands of dollars to a religious sect on behalf of a senile client.

Corporate wraps giving 'blue collar' workers access to self-invested personal pension (SIPP) products will never break through traditional barriers like employee engagement, according to LV=.

The Financial Services Authority (FSA) should extend its guidance on investment-switching suitability to consider volatility and risk, according to Skandia Investment Group.

The European Fund and Asset Management Association (EFAMA) has confirmed that the last quarter of 2011 saw a reversal of cash net outflows as investment fund assets worldwide increased by as much as 7.5% to reach €19.97 trillion at the end of the year....

International investment management and financial advisory firm, Genii Capital, has opened a new office in Geneva as part of its plans to expand its global network of business activities.

Goldman Sachs has been fined $22m by a US regulator for failing to prevent upcoming research from its analysts being passed on to its top clients.

Scottish Widows Investment Partnership(SWIP), the asset management arm of Lloyds, is shutting down a string of its regional investment desks with the loss of half its 38-strong management team, according to reports.

China's economy, the world's second-largest, has expanded at its slowest pace in almost three years.