News

The Financial Services Authority (FSA) has been sitting in on the board meetings of some of the largest City firms.

The project to bring about an income protection (IP) quality standard (QS) has been abandoned.

Market turmoil has eroded investor confidence but this presents IFAs with a prime opportunity, according to Axa Wealth.

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.