News

Ascentric has unveiled plans to develop a white-label service giving IFAs a direct to consumer platform based around the Hargreaves Lansdown model by next year.

Tenet is offering former advisers run-off cover through a new scheme, giving them the same protection levels as current clients with professional indemnity insurance.

Lord Turner, chairman of the FSA, said it was "vitally important" European financial supervisors did not intervene directly in the running of individual markets.

Projected annuity incomes have fallen again over the past four weeks due to flagging equity markets.

The FSA has stripped five firms of their permissions to trade after they failed to submit Retail Mediation Activities Returns (RMARs).

Fidelity star manager Anthony Bolton has once again reassured investors the global economy can escape the dreaded double dip.

Paradigm Pensions is working with benefits software provider Staffcare to create a web-based benefits package for employees and employers, available only through IFAs.

Standard Life has offloaded its 20% stake in advice firm RSM Bentley Jennison.

The Chartered Insurance Institute (CII) has launched a new virtual classroom to help advisers working towards a Diploma in Regulated Financial Planning.

Assets on the Ascentric platform have passed £2bn with total assets under administration (AUA) surging 75% since the start of the year.