News

Isle of Man-based private client investment house, Thomas Miller Investment, is to open an onshore private client business in the UK.

Andrew Tyrie, the chairman of the Treasury Select Committee, has stepped up his efforts to make the Financial Conduct Authority (FCA) more accountable to Parliament than its predecessor, the Financial Services Authority (FSA).

Ratings agencies have refused to apologise for mistakes made in the run-up to the subprime mortgage crisis - and warned more errors could be made in the future.

Businesses running final-salary pensions are being "clouted" by the government's quantitative easing (QE) programme, says the National Association of Pension Funds (NAPF).

Ministers have been urged by an influential committee to draw up a plan of action to help the country cope in the event of a eurozone collapse.

Operating profits at Aviva UK rose 8% to £1.45bn in 2011, thanks largely to a boost in new sales in its life and pensions division.

The Federation of European IFAs has added further firms to its membership. The trade association now has in excess of 30 companies under its banner and continues to provide an exclusive range of services for them.

Expatriate benefit specialists, JLT Benefit Solutions, plans to roll out more features on its international benefits management system, Benpal.

This morning two regular twitterers from the financial adviser community discussed the merits - or otherwise - of basing an advisory business on the St James's Place model.

London & Capital's range of ten actively managed risk-graded portfolios have been added to the True Potential platform.