News

Changes to regulatory authorisation procedures is to affect the acquisition-led strategy of wealth firm consolidator AFH Financial, the company has said.

Hedge fund Elliott Advisors has said it is "surprised and disappointed" by Alliance Trust's response to its proposals for a shake-up of the trust's board.

Chancellor George Osborne will further relax pension rules in his Budget on Wednesday to allow the sale of annuity contracts.

The Financial Conduct Authority (FCA) has dropped its suggestion firms should be using #ad in financial promotions on Twitter, following industry concerns about its appropriateness.

F&C is to launch an ex-UK version of its offshore European smaller companies fund for Sam Cosh.

The Financial Conduct Authority (FCA) has banned Stephen Bell, the former compliance director of network Financial, for "systemic weaknesses" in the business' compliance process, and fined him £33,800.

A decision by the regulator to ban the former CEO of a stockbroking firm from the industry and fine him £450,000 for high-pressure mis-selling has been upheld.

After five years languishing at the bottom of performance tables, the trend-following fund MAN AHL Diversity managed to produce a stellar return last year, as asset classes diverged.

The number of platforms targeting advisory firms is likely to halve after 2017, according to Standard Life's David Tiller.

The UK retail version of Standard Life Investments' flagship Global Absolute Return Strategies (GARS) fund has reached £25bn in assets for the first time.