News

The Financial Services Compensation Scheme (FSCS) says it does not expect any major investment failures in the next financial year after setting another interim levy for financial advisers.

Richard Brasher, the chief executive of Tesco's UK operations, is set to step down from his role after one of the most difficult trading periods in the supermarket giant's recent history, according to reports.

The UK's prized AAA credit rating has been put on "negative outlook" by Fitch, the second ratings agency to warn of a possible economic downgrade.

National Employment Savings Trust restrictions must be urgently lifted to make the scheme more accessible to both employers and workers, MPs have said.

Ascentric has broken the £4bn assets under administration (AUA) barrier as the Royal London-owned wrap nears 12 months of sustained profitability.

Safe Home Income Plans (SHIP) has appointed Nigel Waterson as its chairman following the retirement of Laurie Edmans, who stepped down after six years in the position.

The Financial Services Compensation Scheme (FSCS) has confirmed a £60m interim levy for financial advisers and other investment intermediaries.

MAM Funds is introducing a non-trail commission share class across its fund range ahead of the Retail Distribution Review.

London's leading share index edged closer to the 6,000 barrier today, as financials put the FTSE 100 on track for its sixth straight session of gains.

A Goldman Sachs executive has quit after criticising the "toxic" and "destructive" culture at the investment bank.