With interest rates in the UK at a historic low, investors have been looking for income strategies to boost the yields of their portfolios.
Four individuals have been arrested following house searches carried out by the Financial Conduct Authority (FCA) and Metropolitan Police in West London.
John Porteous, head of wealth management at RSM Tenon, has outlined the three worries keeping him awake at night as he steers the business through a challenging environment for UK financial services post-RDR.
St James's Place (SJP) took advantage of a "dislocation" in the advice market caused by regulatory upheaval to grow adviser numbers by more than 6% in the first half of the year, its CEO David Bellamy has said.
F&C Asset Management has reported pre-tax profits of £37.3m for the half year ending 30 June 2013, citing buoyant equity markets and cost-cutting measures introduced by activist shareholder Edward Bramson.
Brewin Dolphin raised £38.6m through its recent share placing, which aimed to create £40m of new capital to fund investment in the business.
Franklin Templeton is to overhaul its European equity OEIC and rebrand Ben Russon's UK Select Growth fund to create a new range of multi-cap portfolios, Investment Week can reveal.
Barclays shares have dropped by more than 7% after it announced a £5.8bn rights issue to shore up its capital position.