News

Old Mutual Asset Managers has appointed Steven Brown, formerly of RBS Global Banking & Markets, as head of advisory distribution.

Hargreaves Lansdown's investment manager Ben Yearsley has left the firm, Investment Week understands.

Sesame Bankhall Group, Lighthouse Group, Tenet Group and Intrinsic have all announced support for the Association of Independent Financial Advisers' (AIFA) ‘Fair Liability 4 Advice' campaign.

Sanlam Fund Solutions (SFS) has linked up with Source Pensions to provide advisers access to investment management advice in the corporate pensions market ahead of auto-enrolment.

Markets in Europe were selling-off across the board today as Spain's banking crisis deepens.

The Financial Services Authority (FSA) has fined an independent financial adviser £60,000 for the unsuitable sales of Unregulated Collective Investment Schemes (UCIS) and other non-mainstream investments.

Sesame Bankhall Group (SBG) has created a risk profiling tool for advisers designed to comply with recent Financial Services Authority (FSA) guidance on assessing suitability.

Avisers can sign customers up to adviser charging (AC) via the Skandia Investment Solutions platform from today.

The liquidation of German open-ended real estate funds (GOEREFs) is related to structural rather than fund-specific characteristics, according to Fitch Ratings.

Twenty-two countries recorded an increase in net assets of UCITS during the quarter. Strong growth was recorded by all the largest domiciles of UCITS with the United Kingdom recording growth of 7.2% followed by Ireland (6.2%), France (6.0%), Luxembourg...