News

Gregor Stewart, a former FD of Lloyds Banking Group's insurance division, has joined Alliance Trust as a non-executive director.

UK oil majors BP and Shell are under pressure after the price of Brent crude oil tumbled towards the $70 mark following an Organization of the Petroleum Exporting Countries (OPEC) decision not to cut production.

The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and has announced tougher standards on the bodies tasked with delivering guidance to the public.

Now in their sixth year, Investment Week's Sustainable Investment Awards 2014, held at Le Méridien Piccadilly, London on 26 November, are aimed at fund managers and organisations at the forefront of sustainability investing.

Jupiter has appointed Caledonia Investments' Stephen Mitchell to the newly-created role of head of strategy for global equities.

Old Mutual Global Investors has launched a European smaller companies fund for recent hire Ian Ormiston.

Charles Stanley has reported a £3.9m pre-tax loss for the six months to 30 September, driven by costs arising from the ongoing "major upgrade" of its systems and processes.

The winners of our 12th Gold Standard Awards were celebrated at a special ceremony at the House of Commons last night.

Miton Group expects adjusted 2015 profits to be "significantly less" than current market forecasts after seeing further outflows in the second half of this year.

Legal & General (L&G) has secured a £2.5bn bulk annuity deal with the TRW pension scheme, taking total annuity transactions to £8.3bn year to date.