News

The Financial Services Consumer Panel (FSCP) has called for new regulator to be able to publish the results of mystery shopping exercises, among other recommendations for increased transparency.

A financial adviser has failed in his appeal against a ban imposed on him by the Financial Services Authority (FSA) for failings related to advice on occupational pension transfers.

UK banking shares dragged the FTSE 100 lower this morning as sentiment struggled following J.P. Morgan's revelation that it lost $2bn in a trade which went awry.

The Financial Services Authority (FSA) has fined adviser Donald McKee Morgan £335,204 for insurance fraud.

RBC Wealth Management has teamed up with Capgemini to produce the 16th edition of the World Wealth Report. The report promises to reveal an unparalleled insight into the behaviors of the world's wealthy.

Bestinvest has undergone a structural review of the business which could result in job losses, it has emerged.

Vistra Fund Services (VFS) has launched Privium Capital Fund, a Cayman Islands-based umbrella fund structure which will enable its clients to establish their own segregated portfolio or sub-funds and build fund management expertise located in four jurisdictions...

SWIP has joined the growing number of asset managers offering RDR-ready share classes by launching a lower-cost share class for its £38m Diversified Assets fund.

Axa Wealth saw its sales drop slightly in Q1 year-on-year, although its platform business continued its expansion, now representing 50% of all individual sales.

Shares in JPMorgan Chase fell almost 7% in after hours trading on Wall Street on Thursday after it revealed a surprise $2bn derivatives trading loss by a London trader.