News

Eight staff members have been dismissed by Lloyds following an investigation into the LIBOR rate fixing scandal that saw the bank fined £218m.

Former Jupiter head of private clients Andrew Clark has become head of Rathbone Private Office after the company completed its acquisition of Jupiter's private wealth business.

Don't even think about starting your Christmas shopping! Professional Adviser headquarters is once again inviting entries for the Professional Adviser Awards 2015, which will be held at The Brewery in London on 12 February...

St James's Place has dropped PIMCO's team as manager of its multi-asset fund as part of a number of changes to its investment range.

Balfour Beatty shares have plunged over 20% this morning, after the UK's biggest construction company issued another profit warning.

Aberdeen Asset Management is launching a China A-Share fund after being granted its first Chinese RQFII licence.

Protests in Hong Kong caused the country's stock market to tumble today, while sharp drops in its currency forced the country's monetary authority to announce emergency measures to provide support.

George Osborne is expected to announce cuts to a so-called 'death tax' which applies to the untouched pension pots of over-75s at this year's Tory conference.

Aberdeen Asset Management today said outflows from its business had slowed significantly following a sustained period of redemptions, with the group also seeing better than expected flows from recent acquisition SWIP.

PIMCO's Dan Ivascyn has been named as Bill Gross' successor following the legendary bond investor's resignation, but three other managers will take over the $221bn Total Return Bond fund.