News

The Royal Bank of Scotland has unveiled a new range of ETFs on the London Stock Exchange, to meet the increasing demand for low-cost, liquid and diversified market exposure.

IFA business consultancy Succession Advisory Services has signed another three firms to its RDR transition programme, bringing in a combined £190m funds under advice.

Fidelity will launch an income share class on Sam Morse's £3bn European fund, which will provide an estimated yield of 3.2%.

Three men have been banned from working in financial services for swindling £2m out of a trio of London-based insurance firms.

T. Bailey is preparing to launch a multi-asset cautious managed fund for Elliot Farley at the end of July.

Cofunds chief executive Brett Williams has quit the platform with immediate effect with chairman Charlie Eppinger resuming the CEO role on an interim basis.

Industry figures have painted a "nightmare scenario" resulting from the break-up of the FSA with "horribly troublesome" turf wars breaking out between new regulatory bodies with overlapping functions.

Anthony Bolton's Fidelity China Special Situations trust is now fully invested as the manager expects a resumption of the bull market later in the year.

Clients could face fresh costs post-RDR unless the FSA implements guidelines on how providers deal with Letters of Authority (LoAs), advisers warn.

The City watchdog is considering whether Britain can claim exemption from European laws that will introduce the toughest pay restrictions in the world.