News

Chancellor George Osborne has used the first Conservative Budget since 1996 to announce he is delaying plans for the UK to return to a budget surplus until 2019/2020.

Legal & General Property has hired a trio of asset managers for its UK Property fund as strong flows see assets surpass £2bn.

The FTSE 100 has moved higher despite Chinese stocks plunging another 6% today amid "panic sentiment" and many companies deciding to suspend their shares.

Barclays chief executive Antony Jenkins is to leave the bank as the board of directors calls for a change in leadership with a "new set of skills".

Boston Consulting Group's annual global asset management report has revealed that retail fund fees in the UK fell by some 10% last year as price pressures began to be felt in the domestic market.

The managers of the Ruffer investment company have warned that markets and banks are unprepared for a future crisis, while investors are facing higher risks than ever before as liquidity dries up.

Quilter Cheviot has completed a comprehensive reorganisation of its executive team, five months after it was taken over by Old Mutual Wealth.

Standard Life Wealth has poached Barclays' wealth and investment director Andy Brodie for the role of head of operations.

The Financial Conduct Authority (FCA) has recruited Jonathan Davidson as director of supervision - retail and authorisations.

Sanlam UK made £10m from the sale of its stake in advice network Intrinsic to Old Mutual Wealth.