News

The Federal Reserve has signalled that interest rate rises could be slower than markets anticipate after the latest meeting of the Federal Open Market Committee.

P2P Global Investments has announced it will raise a further £250m through the issue of new C Shares.

Liontrust has reported a 45% rise in pre-tax profits for the year to 31 March after taking in £667m in net inflows over the period.

Five outstanding retirement advice firms were honoured at the Retirement Planner Awards 2015.

Sanlam Private Wealth has hired Distribution Technology's Rob McDonnell as head of business development.

Anthony Bolton has urged investors to be "steely" and hold on to their nerve particularly during volatile times, as he talked about his tenure as fund manager of the UK's largest unit trust.

The government is to examine whether savers looking to take advantage of the pension 'freedoms' introduced in April face "excessive" early exit charges.

Most advisers are confident their business will be prepared for the upcoming switch-off of fund-based trail commission, according to a poll which contradicts other research conducted on firms' readiness.

Legg Mason chief executive Joe Sullivan has said Martin Currie is planning further hires as it begins to reposition following its acquisition by the US giant last year.

Sterling jumped 0.6% against the US dollar this morning, on the news wages in the UK grew at their fastest rate since 2001 in the three months to the end of April.