News

The Chartered Institute of Securities and Investment (CISI) will offer Chartered Wealth Manager status to members with Level 6 qualifications.

German MPs have voted in favour of increasing the country's commitments to the European Financial Stability Facility as part of an expansion of the bailout fund.

European ETPs suffered from the market downturn last week, which knocked €12bn off assets but the cash flows tell a more positive story.

The Financial Services Authority (FSA) has fined Towry Investment Management £494,000 for providing misleading information to the regulator and for client money breaches.

Confidence in the UK economy amongst advisers has fallen by 5% this quarter, Skandia says.

More than half of IFAs predict the retail distribution review (RDR) will drive consumers to self-invest over the next year, Legal & General (L&G) Investemnts says.

The Financial Services Compensation Scheme (FSCS) has not ruled out a second round of TV adverts for its ongoing publicity campaign.

Keydata founder Stewart Ford has issued a formal notice that he will sue KPMG's Eric Collard, the administrator of the Lifemark portfolio, if Collard fails to secure a $150m loan facility offer to save Lifemark.

Standard Life, True Potential and Wealthtime have emerged on top of a survey of some of the major wraps and platforms.

Schroders has promoted Rob Hall to head of multi-manager and handed him co-manager responsibilities on a trio of funds.