News

Advisory support group Tenet is to review the panel of platforms it recommends to IFAs following a warning from the Financial Service Authority about the use of platforms which permit rebates from providers to clients.

Update (3pm): The Dow Jones dropped 35 points in early US trading on Wednesday after better-than-forcast employment figures had momentarily lifted investor sentiment.

The Financial Services Authority (FSA) has censured Exclusive Asset Management, a Birmingham based IFA, for investment advice failings.

LaBranche is growing its on-exchange market making business as mergers between European exchanges push the market towards a unified exchange.

A new Luxembourg-based UCITs compliant fund will offer exposure to those world economies showing the highest sustainable long term growth prospects.

Simplyhealth has agreed to buy Groupama Healthcare.

Nationalised lender Northern Rock has seen losses narrow in the first six months of the year ahead of an expected return to profit in 2012.

Chris Read gives his top tips for successful migration of clients' assets onto wrap platforms.

Latest appointments, moves and events in the international investment sector.

Retirement Planner's quick-fire poll this week asks: Do you believe in Lord McFall's assertion that charging structures on pension schemes are unreasonably high and "too opaque", rendering saving ineffective?