News

2plan, the national IFA, will stand trial at the High Court in Leeds on Monday accused of "fraudulent misrepresentation" by an IFA seeking £500,000 in damages from the company.

The Investment Management Association (IMA) is considering bringing a judicial review of the FSCS interim levy on behalf of its members, in the same week IFAs have erupted in open revolt over the issue.

Pickup in sentiment on ETFs tracking Egypt is likely to be brief, as active investors use these funds to make short-term profit, according to industry experts.

Personal Touch Financial Services has made changes to its head office structure to enhance its focus on helping IFAs and brokers to build their businesses.

There is a "real chance" the Bank of England will raise interest rates as early as next week, says Skandia, with subsequent hikes pushing rates up to 3% by the end of next year.

The number of IFAs in FSA enforcement action is rising because of "mad and manic" regulation which goes further than that of any other G20 country, says a leading City lawyer.

Axa's Elevate has amended its explicit standard pricing structure for high value accounts in response to growing demand from advisers.

Standard Life has increased the number of discretionary investment managers available via its SIPP from ten to 22.

iShares has published a brochure detailing securities lending on its ETF platform in an effort to increase transparency on the strategy.

Aviva has added £1.45bn in bonuses to its with-profits policies after its main With-Profit fund grew 12% over 2010.