News

The financial ombudsman (FOS) has hit back at criticism of its complaints statistics, saying the data was not designed for consumer use but to encourage firms to handle client grievances more efficiently.

Solicitors will have to battle it out with banks, supermarkets and insurance companies for legal business from Q4 next year, leading some to suggest they will be more eager to link up with financial advice firms.

The Law Commission has called for a shakeup of outdated laws governing care provided to the elderly and disabled.

Two men have been charged with defrauding Allied Irish Banks and Bank of Scotland (BoS).

Bankhall managing director David Golder has left Sesame Bankhall Group.

MetLife is launching free online revision sessions for advisers taking exams on pension income.

Pan-European ETF assets under management (AUM) have hit an all time high, increasing 47.37% to €162.49bn over the year, according to Lipper.

ETF trading activity has significantly increased among advisers using the A J Bell Sippcentre platform.

Pruprotect grew strongly last year but its stable mate Pruhealth suffered a tougher 12 months.

M&G posted a 216% rise in UK retail net inflows last year, with the £6bn net total accounting for almost a quarter of all IMA sales.