News

The RDR could lead to the term ‘adviser' being used exclusively for firms rather than individuals as well as the launch of new 'advisory chambers', according to AIFA.

Ascentric has united with adviser support services group True Potential.

Taxpayers could make billions from the banks they rescued during the financial crisis.

Citigroup is poised to sell Egg, its UK online bank, as part of plans to shed billions of dollars in unwanted assets.

Fidelity has added a sterling share class to its Luxembourg-domiciled Emerging Asia fund.

The FTSE fell in early trading in reaction to losses on Wall Street overnight and a weak opening in European markets.

Annual house price growth fell to 4.9% in July from 6.3% the previous month, according to Halifax.

Interest rates will have to rise earlier and more sharply than expected to keep inflation under control, warn two former Bank of England policymakers.

L&G has reported its IFRS operating profits grew 34% to £542m for the first half of the year, helped by its strong investment and savings arms.

The Lloyds Banking Group has returned to profitability after posting a £1.6bn before tax profit in the first half of the year.