News

Financial services group True Potential is to enter the fund management market with the launch of its own 15-strong fund range, a senior partner has said.

Aviva will consider another transformative acquisition once its takeover of Friends Life beds in, according to reports.

Brewin Dolphin has reported a 70% fall in full-year pre-tax profit as its technology project writedown and other restructuring costs weighed on the business.

WH Ireland shares have recovered ground after falling as much as 15% as the group warned full year profits will come in below previous expectations.

The UK is to pay back its War Loan in full as part of a package of refinancing announcements.

The Bank of England (BoE) and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS), with small to medium-sized businesses to continue to be the primary beneficiaries.

Regulatory enforcement should go hand in hand with firms' recognition that wrongdoing is a 'moral issue' Financial Conduct Authority (FCA) enforcement director Tracey McDermott has said.

UK equity investors will face a triple headwind next year as the domestic market's strong run comes to an end, Fidelity's asset allocation director Trevor Greetham has warned.

The actions of an increasingly desperate Russia could force the US to keep interest rates on hold and define the investment agenda next year, according to Jason Pidcock, manager of the £5bn Newton Asia Income fund.

The Financial Services Compensation Scheme (FSCS) has recovered £100m from the estate of failed traded life settlement firm Keydata, and the advisers who mis-sold it, and will rebate half the sum to fund management levy payers.