News

Advisers believe proposals to re-label the Investment Management Association's fund sectors will not help consumers better understand the levels of risk the funds carry, research suggests.

Close Asset Management has renamed four of its discretionary portfolios and has moved two of the range to different IMA sectors to better reflect their investment objectives.

Gregg McClymont, MP for Cumbernauld, Kilsyth and Kirkintilloch East, is the new shadow pensions minister.

The insurance sector has been chastised for not engaging well enough with politicians and advisers have been urged to lobby their MPs.

Skandia Investment Group (SIG)is calling on the IMA to introduce a new sector for 'risk-targeted funds', with legacy 'managed' portfolios shifted to an alternative category where returns are the driver.

Chartered financial planner Pete Matthew has marked the occasion of recording his 150th educational video for consumers by re-designing his website, Meaningful Money.

Platform Cofunds has appointed Axa Wealth's Andy Coleman as head of sales for its wealth and investor channels.

IFAs using network support provider Paradigm Financial Advisers face delays of up to two weeks for their cases to be checked and approved because of "unexpected" demand for the service.

SIPP provider Hornbuckle Mitchell has denied it is in rocky negotiations with LV= about a possible takeover deal.

iShares has made two senior sales appointments to help grow the business as the ETF market develops.