News

Schroders is this month launching the UK Core fund, the first in a suite of low cost actively-managed products, for Richard Buxton's UK equity team.

World markets have responded positively to Brent crude futures falling by more than $3 after the Arab League said it was considering stepping in to end the crisis in Libya.

The chief executive of UBS has attacked the government for its neglect of the City, warning tougher regulations could see investment banking businesses move from the UK and Europe to Asia and the US.

Aviva has boosted its UK profits by 21%, led by higher sales in the life and pensions business.

The FSA must do more to help firms hit by the economic downturn, according to IFA network Tenet, after the regulator raised concerns about the quality of advice given by appointed representatives (ARs).

Short-term lender Omni Capital has appointed BBC Apprentice contestant Liz Locke as business development director.

BNY Mellon Global Funds is adding a UK retail share class and UK distributor status to five of its specialist offshore sub-funds.

Avalon is launching a direct-to-consumer version of its platform for advisers servicing lower income clients.

The R01 exam may not be the best route for experienced advisers to improve their knowledge or gap-fill for CPD as it is too academic and lacks relevant material, according to IFA Ian Lowes.

The FSCS has declared Welcome Financial Services (WFS), the loan advice firm, in default after it admitted it could not pay compensation claims linked to payment protection insurance (PPI) sales.