News

A work based assessment RDR qualification with no exam element has been approved by the FSA and will be available to advisers from the end of the month.

An adviser threatened by the FSA for adding a complaints long-stop to his terms of business contracts says Hector Sants' pledge to consider reintroducing the rule was a 'sop' to advisers.

Consumers are increasingly pessimistic about the Bank of England's ability to control high inflation, but few have a plan to move their savings out of banks and building societies to seek higher returns.

Schroders has added a retail share class to its QEP Global Core fund to create the second offering in suite of actively-managed products with passive fund-style charges.

Bluefin Insurance Group has appointed AWD Chase De Vere's Robert Organ as chief financial officer.

Prosperity IFAs and Stockbrokers is in active discussions with several IFA firms about acquiring advisers as it looks to grow its numbers more than tenfold by 2013.

The FTSE ticked 40 points higher in early trade on Thursday as investors paused for breath following days of volatility as a result of the nuclear crisis in Japan.

RBS chief executive Stephen Hester has told MPs he considers his remuneration package to be low by industry standards.

ETF Securities has recruited Bank of America Merrill Lynch as a second counterparty on its ETC platform.

Legal & General will look to increase its direct protection business to meet the challenges presented by the post-RDR distribution landscape.