News

Prudential has won its High Court dispute with members of its pension scheme over changing the basis on which it granted discretionary increases to pensions in payment.

The FSA has fined one IFA firm and censured another for advice failings on unregulated collective investment schemes (UCIS) and geared traded endowment polices (GTEPs).

The FSA gave platforms just two weeks to respond to an operational questionnaire which will be key in helping the regulator decide whether to pursue its controversial plan to ban cash rebates.

Professional Adviser speaks to the CII as we launch our Investing in the Profession initiative to help promote improving standards for advisers.

Discretionary manager City Asset Management (CAM) has launched five risk-rated model portfolios which will be available on a number of platforms.

The ‘emerging' adviser profession is on a long journey to be as highly recognised as doctors or accountants and a whole package of measures will be needed to change consumer perceptions, according to CII director of financial services Steve Jenkins.

Lowes Financial Management has launched a structured product iPhone application, enabling investors to research and compare details of the products on the move.

Morgan Stanley has unveiled the Gilt-Backed Growth Plan 8, designed for investors with a moderately positive outlook on UK equities but with no firm view on timing.

The compliance industry is out of step with the FSA over how to assess clients' attitude to risk, exposing advisers to unnecessary enforcement action, IFA consolidator Succession warns.

Goldman Sachs will be referred to the US Department of Justice for allegedly making "misleading and inaccurate" comments to Congress over its role in the financial crisis.