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Latest News

Thursday Papers: US launches $400bn Libor case

And Fed’s Fischer attacks moves to unwind regulations calling them ‘extremely short-sighted’.

Overnight Markets: Wall Street ends up but off highs after Fed minutes

Shares erased gains following Trump's disbanding of two high-profile business advisory councils.

Phoenix chief: exit fees 'only part of the picture'

Closed book provider chief executive reveals plans for further acquisitions and defends the charging structure of some of its products.

Prudential sells US broker-dealer arm for £347 million

Prudential has sold its US independent broker-dealer network to US giant LPL Financial in a deal worth up to $448 million (£347.2 million).

Architas sees £546m of net inflows to UK business

The AXA-owned multi-manager says growth continues for the UK and Europe.

Miners drive FTSE higher but Admiral slumps

Miners track rallying metal prices to drive FTSE 100 higher, but Admiral slumps after posting only marginal profit increase.

Plutus seeks paraplanners after hiring experienced IFA

London-based Plutus Wealth Management has added to its ranks with the hire of a chartered financial planner.

FCA sends questionnaires to Cape Verde hotel investors

The regulator is ‘conducting enquiries’ into the overseas hotel development company which featured in a BBC documentary last year.

Pound recovers ground as wages close inflation gap

Wage growth edges higher to 2.1% in June but still lags inflation, continuing the squeeze on household finances. 

Sipp firm facing 77 FOS claims defends settlement offers

The Ombudsman is currently considering 77 claims against Carey Pensions with 24 already reaching a provisional ruling against the firm.

Video pick
41 Comments Play Robo roundtable: Restricted advice like buying an ill-fitting suit

Robo roundtable: Restricted advice like buying an ill-fitting suit

Three leaders of robo advice firms discuss whether they offer advice, and offer their opinions on the advice vs guidance distinction, in the first of our series of videos.

Play Brexit won’t break us, says Janus Henderson co-chief

Brexit won’t break us, says Janus Henderson co-chief

Video: In the third part of our exclusive series, Andrew Formica offers his opinions on the role politics will play in the AM industry's future.

NMA Profile
Adviser Profile: Ian Browne and Helen Lindo of Russell Ulyatt

Adviser Profile: Ian Browne and Helen Lindo of Russell Ulyatt

Ian Browne and Helen Lindo want to expand Russell Ulyatt, but having learned a harsh lesson when overreaching too soon, they have tightened procedures and have long-term plans in place