News

AIFA today launches a platforms guide to help members conduct "robust" due diligence on wraps and platforms.

BlackRock has made changes to its fund range including the planned closure of its Japan vehicle and alterations to the investment strategy and name of its High Income Bond portfolio.

The FSA has imposed a lifetime ban on David Marriott, the former chief executive of two insurance intermediaries, for persistent misuse of client money.

The FSA has fined Money Wise IFA £19,600 for compliance failings on investment advice it gave to more than 500 customers using platforms and discretionary portfolios.

House prices fell for the second consecutive month in August, figures from Nationwide suggest, but the building society says the correction is "not unhealthy".

Nervous advisers are recommending clients stick with their existing pension arrangements, even where there is good reason to transfer, because of the FSA's "heavy-handed" crackdown on pension switching.

Twitter has edged just ahead of Facebook to become British enterprises' favourite social network, research suggests.

Coventry Building Society has completed its merger with Stroud & Swindon Building Society, in a deal that will migrate 200,000 customers and cut their mortgage interest rates.

A new code of conduct for financial advisers in New Zealand is a step closer to implementation after draft proposals were approved.

The FTSE fell back slightly in early trading on Thursday despite strong overnight showings on Wall Street and in Asia.