News

Net retail sales for Q1 2012 have slumped considerably compared to the two previous years, according to the Investment Management Association (IMA).

Self-invested personal pension (SIPP) disclosure changes should be deferred for at least a year to avoid disrupting implementation of the Retail Distribution Review (RDR), Aegon has warned.

St James's Place (SJP) is targeting double digit growth over the next five years, after announcing positive new inflows this morning.

A car supermarket has been fined £91,000 by the Financial Services Authority (FSA) for failing to properly monitor sales of payment protection insurance.

Schroders reported a 6.6% rise in assets under management (AUM) in the first quarter of the year, but said pre-tax profits are down year-on-year.

The government risks undermining confidence in auto-enrolment through "endless changes and delays", warns the National Association of Pension Funds.

Legal & General (L&G) is anticipating a drop-off in sales through financial advisers over the coming months and into early 2013 as firms concentrate on developing their business models for Retail Distribution Review (RDR) implementation.

Despite the weak economic climate, demand from wealthy individuals and company executives for superyachts is showing signs of strong growth, according to Jersey-based trust and fiduciary provider, Vistra.

New chairman for Manx Insurance Association (MIA) and latest acquisition for Vistra in Luxembourg.

Funds under management at wealth manager St James's Place have hit a record £31bn.