Lyxor Asset Management is celebrating a decade in the ETF industry, having launched its Cac 40 fund on the Paris Stock Exchange in 2001.
Industry experts today expressed concerns advisers are still unsure of the post-RDR definition of independence.
Financial advisers are the most trusted figures in financial services, particularly in the wake of the banking crisis, research suggests.
IFG must pay £1.08m to the Financial Services Compensation Scheme (FSCS) for its share of the interim levy, with recent acquisition James Hay accounting for £0.94m of this total.
TISA has issued an industry-wide Service Level Agreement which will allow platform providers to start piloting their re-registration procedures.
Capita Financial Software has launched a new version of Synaptic Comparator - its platform comparison and due diligence service for advisers.
Company updates have had a good reception but London's top share index is pausing for breath after recent strong gains.
Six men have been convicted for deception and money laundering offences which netted them £10m.
The Dow Jones broke through the 12,000 level for the first time since June 2008 on Wednesday, following calls for a cut in corporate taxes and a unanimous vote by policymakers to maintain a $600bn bond-buying plan.
Lobbying group Adviser Alliance is confident it will secure a judicial review into the FSA's decision to remove a complaints long-stop in financial services - and has not ruled out an approach to AIFA.