News

Gartmore CEO Jeffrey Meyer says the group's downfall over the past 12 months has "exceeded all nightmares" and believes getting out of the public markets could be best for the firm.

Schroders recorded a £800m net retail inflow in Q3, with flows slowing from the two previous strong quarters.

Consolidation vehicle Perspective Financial Group has acquired North West-based Applewood Wealth Management.

Which? has denied a new mortgage advice service is a rejection of the current advice market, as brokers gave a mixed response to the launch.

Skandia has cut a €38m mandate run by Roger Guy in its European Best Ideas fund, with the group taking swift action following the Gartmore manager's decision to retire.

Exeter Family Friendly is cutting premiums on its Health Cover for Me private medical insurance (PMI) plan by up to 12.5%.

Many tax reliefs could be scrapped as the Office of Tax Simplification (OTS) begins reviewing over 1,000 business and individual allowances and exemptions.

Protect is holding a payment protection insurance (PPI) complaints workshop aimed at explaining the impact of the FSA's upcoming policy statement.

A television advert for life insurance offered by supermarket giant ASDA has been branded "misleading" and banned by the Advertising Standards Authority (ASA).

The head of an IFA firm has issued a warning to people taking out critical illness plans after his policies failed to pay out following the death of his daughter.