News

The pace of UK growth picked up again over the summer months, according to latest estimates, but AXA IM has suggested the recovery may be shortlived if Scotland votes for independence in September.

Japan's benchmark Topix index has closed at its highest level since 2008 as a stronger US dollar sends the yen on a downwards path once again.

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance...

Bank of England governor Mark Carney has hinted interest rates could rise in the spring of next year as the UK economy continues to recover from one of the worst downturns it has ever faced.

The Investment Management Association has highlighted the scale of any regulatory changes that may be necessary if Scotland votes for independence, after revealing 11% of total fund industry AUM is now run by Scottish-based groups.

Scottish wealth manager Turcan Connell Asset Management has started to launch private OEICs for its wealthiest clients in a bid to improve tax efficiency, as well as attract more high net worth customers.

The Prime Minister is under pressure from senior MPs to call on the Queen to speak out against Scottish independence, as fears over a 'yes' vote grow.

Scottish advisers are overwhelmingly against an independent Scotland, according to figures from a Personal Finance Society (PFS) poll.

Investec has agreed to sell its UK mortgage business Kensington to private equity firms Blackstone and TPG Special Situations Partners for £180m.

Fund management groups are tightening rules around investing in Russia, in some cases discouraging portfolio managers from adding to positions.