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Pound recovers ground after Tory U-turn on care

Pound regains footing above $1.30 mark as Conservatives say social care costs will be capped following backlash against 'dementia tax'.

Old Mutual Wealth slams May’s social care U-turn

Old Mutual Wealth has slammed Theresa May’s social care U-turn, saying the issue requires a proper long-term policy, not one ‘allowed to chop and change with the political current’.

Chelsea Financial Services launches four funds

The fund range comprises cautious, balanced and aggressive growth funds and a monthly income option.

Revealed: Fund groups in secret talks with IFDS over FCA rules

Administration giant IFDS is at the centre of a secret regulatory review into the way client money is handled, with the FCA determined to ensure client assets are protected at all times under its new rules.

HSBC GAM poaches Newton and Aviva responsible investment heads

HSBC Global Asset Management has hired both Newton and Aviva’s heads of responsible investment.

SLI bolsters multi-asset team with senior hire

Standard Life Investments (SLI) has appointed Mathias Marta as quantitative investment director from State Street Global Investors.

RBS attempts last-minute deal with shareholders ahead of court case

Royal Bank of Scotland has attempted a last minute settlement with the investor group over the 2008 rights issue, before the start of the trial today.

Wealth boutique to launch online investment service

TAM Asset Management is launching an online investment service designed to help IFAs cater for smaller and uneconomic clients.

Changing fees: What is the best way to charge clients?

Before buying anything, it is only natural to want to know how much exactly it is going to cost, so why should this not be the case in wealth management as well?

Investec W&I poaches three directors from Julius Baer

The firm has expanded its London office with the hire of three senior investment directors.

Investment Trust video
Play IBT's Craig on the Trump impact for biotech

IBT's Craig on the Trump impact for biotech

Ailsa Craig of the International Biotechnology trust highlights the M&A activity seen in the biotechnology sector this year.