US GDP was revised down from 2.5% to 2% in the third quarter, the Commerce Department said today.
A J Bell has added 1,000 funds to its core fund range available on the Sippcentre platform.
Prudential has released a desktop app in a bid to boost annuity business with IFAs.
Wrap platforms have defended Hargreaves Lansdown's plans to charge a flat fee of up to £2 per month for tracker funds, saying the move is one of commercial necessity.
HM Revenue and Customs (HMRC) has defended its hiring policy after it emerged graduates were working on open tax inspection cases within six months of joining the service.
The FSA has deployed the services of Big Four accountancy firm Deloitte to quiz platforms about its proposed ban on fund manager and cash rebates.
Friends Life will widen its annuity product range and ramp up its consumer marketing next year in a bid to avoid losing its existing savers, and to capture more when it becomes an open market option (OMO) provider.
Exchange traded product (ETP) turnover fell by 16% in Europe last week, although fixed income ETP volumes jumped 37%.
Vestra Wealth has appointed Cofunds as its fund custodian in a deal which will see the wealth management partnership entrust over £600m in assets.
Three men have been sentenced to nine years for a boiler-room investment fraud, the Serious Fraud Office has said, including one man who stole the identity of a registered financial adviser to commit the crime.