News

E-Fund Management has attracted $2.8bn through its Shenzhen 100 ETF feeder fund, placing the firm as the second largest fund manager in China, according to Z-Ben Advisors.

The IPS Partnership has launched a family SIPP plan, offering both pooled and individual investment options.

Banks systematically sell products and the RDR will not change that, Sesame Bankhall executive chairman Ivan Martin says.

Banks led the FTSE to an early gain in Thursday trade following reports the Bank of America (BoA) is poised to repay its $45bn US government debt.

Barclays is set to award its 22,000 investment bankers pay rises of up to 150% in an effort to beat Government moves to clamp down on multi-million-pound bonuses.

Midas Capital is set to offload its iimia Wealth Management division to Jardine Lloyd Thompson for £7.25m.

A newly developed financial planning tool called 2020 Adviser aims to tear up the traditional model of financial advice whilst meeting the challenges of implementing the RDR.

A quarter of advisers feel they are unable to take advantage of growing opportunities in the annuities market because they lack the skills to make it profitable.

IFAonline's print title Professional Adviser has linked with the Institute of Financial Planning (IFP) to allow advisers reading the publication to accrue CPD points.

Corporate bonds remain popular with investors according to FundsNetwork, despite IMA figures showing net retail outflows for the sector of £11.8m in October.