News

Sanlam UK has put in a bid to acquire wealth manager Merchant Securities.

Back office solutions provider IntelliFlo has integrated with Novia in a move the wrap said will bring increased efficiencies to advisers using the platform.

The Association of British Insurers (ABI) this week revealed that nine in every ten claims made under a critical illness (CI) policy in 2010 was paid by the insurer.

Commodity exchange-traded products (ETPs) have experienced a strong couple of weeks and this trend is likely to remain even if commodity growth stalls, according to Lyxor's head of ETF strategy.

Transact has appointed Judith Davidson, formerly of Sodexo, to the position of chief operations officer.

Prudential is set to merge its Income trust into the M&G Dividend fund as part of a wider range of fund consolidations, creating a £1bn portfolio.

Retirement Planner's roundup of the top pensions stories this week.

This week's Retirement Planner quick-fire poll asks: Do clients on a fixed income understand the effect inflation can have on their purchasing power over the long term?

The FSA has fined a Canadian trading platform £8m for serious market abuse but the firm has referred the matter to the Upper Tribunal.

A lawyer representing around 2,700 investors in the suspended Arch cru funds said today's letter from Capita detailing possible offers they could receive only created "more confusion not clarity".