News

The Financial Conduct Authority (FCA) has fined Barclays a record £284m for 'unacceptable practices' relating to forex trading, as five other global banks are also hit with heavy penalties.

Towry has appointed Ashcourt Rowan's managing director Steve Midgley as head of sales strategy and operations following its acquisition of the firm.

WisdomTree has brought two of its flagship currency-hedged ETFs to Europe to offer investors the option to hedge exposure to the euro and the yen.

Wealth manager Courtiers is preparing to launch three income funds in a bid to attract pension savers.

The Financial Conduct Authority (FCA) has banned and fined a financial adviser for making unsuitable recommendations of high-risk and often unregulated investments.

Simon Brazier, manager of the £203m Investec UK Alpha fund, has joined the debate on Tesco, arguing the supermarket giant fails to meet his key criteria for investment.

F&C's European equities manager Mark Nichols is leaving his role to join Columbia Threadneedle Investments as portfolio manager in its European equities team.

Hargreaves Lansdown unveiled plans for a new non-advised service in its latest trading update, but its shares fell as it revealed rising costs including an FSCS levy of £4.6m

Annuities have become the new focus for complaints according to figures from the Financial Ombudsman Service (FOS), a year after the product was publicly abandoned by the Chancellor.

Hermes has relaunched its real estate debt fund in a bid to take advantage of the burgeoning opportunities in UK commercial property.