News

St James's Place is to reallocate £7bn in mandates currently run by Invesco Perpetual to Neil Woodford and Threadneedle, with a further £700m mandate going to Manulife.

Royal London Group chief executive Phil Loney has called on the industry and regulator to come up with a "new form of advice" to service those at point of retirement and meet the challenge set by the Chancellor.

The Financial Conduct Authority (FCA) is to leave its Canary Wharf base in favour of the redeveloped Olympic Park in Stratford, east London.

Ingenious Asset Management is to merge with Thurleigh Investment Managers, bringing together their respective investment teams under one roof.

The FCA may face legal action from institutional investors after its disclosure of a probe into closed-book insurance policies, according to the Financial Times.

Ruffer managers Hamish Baillie and Steve Russell have made a number of notable changes to their portfolio as they position for the rest of 2014 following a difficult first quarter.

Mark Carney said UK interest rates could rise before next May's general election if there are continued sustainable improvements in the economy, according to a report.

Aegon's decision to introduce price caps on the Retirement Choices wrap and the One Retirement SIPP is "potentially game changing", according to platform consultancy the lang cat.

Manager of the JPM American investment trust says a market pull-back is overdue

Morningstar has announced the winners of its annual fund awards, with Invesco Perpetual and Fidelity among the fund groups to take home major accolades.