News

Firms must ensure retail clients can cancel an ongoing service provided by their adviser without also having to withdraw their investments, the FSA says.

Net retail sales of funds dropped by £100m year on year in April, the Investment Management Association (IMA) has revealed.

The FSA has proposed simplifying the way it collects firms' data in a move which it believes will "enhance its intrusive supervisory regime".

St. James's Place is launching a global equity fund in a bid to diversify assets away from fund manager THS Partners.

A predicted wholesale shift by offshore hedge funds to re-domicile under EU UCITS legislation is unlikely, according to a survey by RBC Dexia and KPMG released today.

The legalising of pension scheme transfers outside the UK via QROPS has opened up many tax and other advantages for expatriates and those retiring overseas.

Tenet has hit out at the decision to increase the Financial Ombudsman Service (FOS) limit from £100,000 to £150,000, deeming it "inappropriate".

Lloyds Banking Group is likely to retain insurance subsidiary Scottish Widows following a strategic review of the business.

Institutional investors in Australia need to better understand the role ETFs can play in portfolio management, according to Russell Investments.

Platform technology provider FNZ has appointed former Axa Elevate managing director Martin Jennings to the newly-created position of COO for Australia and New Zealand.