News

Strategic success at Guernsey-based Clydesdale Bank International has contributed to underlying growth in profits. Clydesdale and Yorkshire Banks, owned by National Australia Bank Group, report results for their banking operations for the 12 months to...

The Financial Services Authority (FSA) will conduct another consultation into SIPP charge disclosure after an industry backlash.

New rules requiring firms to submit complaints data on individual advisers must include any client grievance related to advice given before 31 December 2012, the FSA said today.

Waverton, J O Hambro Investment Management's fund range, has announced the removal of performance fees on its four Dublin-based equity funds.

Industry leaders have warned the upcoming FATCA regulations from the US are "as big as RDR" and could cost the UK hundreds of millions of pounds.

Investment management firm Heartwood has inked deals with a host of platforms as it looks to gain traction in the IFA market with a new investment proposition.

Investors could be faced with a plethora of fund charging models post-RDR as well as higher overall costs and ‘premium' prices for a top tier of better performing funds or specialist mandates.

MPs on the Treasury Select Committee have called on governors at the Bank of England to serve a maximum of eight years before stepping down.

Coutts, the private bank owned by the Royal Bank of Scotland (RBS), is expected to be fined in the region of £6m by the Financial Services Authority (FSA) today for the mis-selling of bonds issued by failed US insurer AIG.

The Association of Independent Financial Advisers (AIFA) posted a deficit approaching £200,000 in the 12 months to 30 June 2011, despite putting cost cutting measures in place.