News

M&G is planning to hand strategist and chief economist Stephen Andrews his first fund, a multi-asset income product.

Openwork is launching an RDR transition programme to help its advisers prepare for post 2012 changes, including the move to a fee-based remuneration system.

Axa UK today declared its intention to triple funds under management at its wealth division to £45bn within five years after offloading its life proposition to Resolution-owned Friends Provident.

Standard Life has stressed it will continue to have a "huge focus" on advisers following a restructure.

Amundi ETF has unveiled seven fixed income funds on NYSE Euronext Paris, providing exposure to US Treasury bonds and eurozone debt securities.

Investment guru Warren Buffett has raised his stake in Tesco to over 3%.

Billionaire investor George Soros says Germany is the "main protagonist" in the euro crisis.

Advisers who recommended panicked clients realise gains ahead of this week's Budget have been forced on the defensive amid claims they may have issued "bad advice".

The increase in state pension age to 66 will happen more quickly than originally planned and could be in place by 2016, minister say.

Close Asset Management has agreed a strategic tie-up with IFA consultancy Paradigm Partners.