News

Sesame has rolled out the latest phase of its RDR support programme, an academy to help advisers adapt their business to the new regulatory environment.

Life-long low earners should not join personal accounts or any pension scheme linked to the stock market, the Life Academy warns.

Emerging market managers have been reducing their allocation to Russia in the wake of the stock market's six-month rally, having seen a hike in share price valuations.

Almost nine in every ten advisers have no intention of selling their businesses despite "scaremongering" reports of an IFA exodus in the build up to the RDR, research suggests.

Investors bet on Thursday the United States would not go as far as shutting down UBS in a dispute over tax, instead expecting the Swiss bank to be hit by a hefty fine as part of a swift out-of-court settlement, Reuters reports.

The Government could withdraw tax relief for more than 3 million pensions savers to plug its budget black hole, Skandia says.

J.P. Morgan, F&C, Henderson New Star and St James's Place are among the fund management groups expecting to cut dividends on their UK equity income funds by up to 25% in the coming year.

Castlestone Management's Collection of Modern Art fund has picked up several new paintings at the London summer art auctions to bolster its portfolio.

Threadneedle was the big winner at the Investment Week, sister title of IFAonline and Professional Adviser, Fund Manager of the Year Awards, landing the prestigious Group of the Year accolade at the Royal Albert Hall.

Here we list who has moved where in another busy week in the offshore sector.