News by: Jun Merrett
Wealth manager European Wealth is set to list on the Alternative Investment Market (AIM) in May following a ‘reverse acquisition.’
Transact is looking at launching a protection product on its platform.
The government will give pensioners life expectancy estimates as part of its Budget guidance guarantee.
HM Revenue and Customs has published updated guidance on how it will tax clients receiving rebates from fund managers or platforms.
Andrew Fisher has stepped down from his role as chief executive of Towry.
The Financial Services Compensation Scheme has hiked its levy on advisers for 2014/15 to £112 million.
A boiler room fraudster has been sentenced for four and a half years for his part in a £4 million scam.
Barclays has hired Standard Life's Crawford Gillies as its new remuneration chief following shareholder anger at the bank's bonus payouts.
Platforms Nucleus and Cofunds are set to make changes to the way they facilitate adviser charging in an effort to tackle potential tax penalties for clients.
Old Mutual Wealth is reviewing the management of network Intrinsic’s fund range Cirilium in a move which may see Henderson Global Investors lose the mandate.
In this year's Budget, chancellor George Osborne turned the pensions market on its head with dramatic reforms. Click through to see how providers have adapted to the government's grand plans.
Fund manager rebates have been put to the sword and the fight to offer the best deals has really begun. How can advisers make sure they don't get caught up in the fray? Jun Merrett dons her fencing gear and talks to Mark Polson of the Lang Cat about how to navigate the next six months.
Sesame has blamed the ‘speculative actions’ of claims management firms for the 1,356 complaints it received in the second half of 2013.
Chapters Financial director Esther Dadswell plans to abseil down Guildford Cathedral in a bid to save the historic building from closure.
Atkinson Bolton director Simon Gibson has hit the top of the Amazon book charts with a joke book.
The Royal Bank of Scotland (RBS) has removed a Treasury block to allow dividend payouts to private shareholders.
HM Revenues & Customs has removed a tax penalty to allow individuals to reinstate cash lump sums back into their pension pots without being charged.
To say Sesame Bankhall Group had a difficult 2013 is an understatement. The group was put up for sale by parent Friends Life, fined £6 million by the Financial Conduct Authority (FCA), posted a £19 million loss and saw its chief executive depart.
City minister Lord Myners has resigned from the Co-op Group after four months in his role.
The Financial Conduct Authority (FCA) is set to monitor advisers and providers’ post-Budget business models and product developments in its supervisory work.