News

Skandia is working in conjunction with IFAs on a service which will enable advised clients to use its platform directly in order to top up ISA holdings, Investment Week can reveal.

Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.

The Royal Bank of Scotland has made an £8.2bn loss in 2013, as it struggled with the burden of regulatory fines and splitting up the business.

Activist US hedge fund Elliott Associates has upped its stake in F&C to 11% ahead of the asset manager's planned £708m takeover by Canada's BMO.

Jupiter saw its AUM hit a new record in 2013, driven by strong flows into several key funds.

Henderson Global Investors will offer its discounted clean share classes to all distributors, rather than through exclusive platform deals, according to chief executive Andrew Formica.

The gold price has rebounded off lows seen at the end of last year, having endured one of its worst ever years in performance terms, but is the rally about to run out of steam?

Paul Farrow, the former editor of the Telegraph's personal finance section, has been appointed head of corporate communications at Oakley Capital,the group supporting Neil Woodford's new business.

The Financial Conduct Authority (FCA) has fined Forex Capital Markets and FXCM Securities (FXCM UK) £4m for allowing the US-based FXCM Group to withhold profits worth £6m that should have been passed on to the UK business' clients.

Lazard Asset Management has launched an offshore version of Pat Ryan's £327m Lazard Global Equity Income fund.