News

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

Charles Stanley has appointed Anthony Scott as head of investment management.

Jonathan Pines, manager of the Hermes Asia ex Japan fund, has said negative newsflow is now needed in Asia to drive down valuations and create buying opportunities.

Fund analysis and data provider FE has launched its five risk-rated multi-asset sectors, with the universe live from today.

Hargreaves Lansdown is to expand its business with the creation of a new stockbroking research arm, Investment Week can reveal.

The Financial Conduct Authority (FCA) is to review the suitability of investment advice as part of its 2014-2015 supervisory work.

The Financial Conduct Authority (FCA) has increased its annual funding requirement (AFR) - the amount it levies fee payers - for 2014-2015.

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), is facing calls for his resignation after the regulator made an "extraordinary blunder" that hit insurers' share prices, according to reports.

The Investment Management Association (IMA) plans to complete work to improve charges disclosure and introduce an effective statement of principles by the end of the year, the organisation's chief executive has said.

Invesco Perpetual has confirmed Mark Barnett's High Income fund is to exit the UK Equity Income sector at the end of the month, with two other income funds likely to follow suit.