News

Fidelity Worldwide Investment is to stop paying trail commission to IFAs on Anthony Bolton's China Special Situations investment trust.

Schroders has sold down its stake in beleaguered annuity provider Just Retirement group on Budget day, as Chancellor George Osborne dealt a huge blow to the industry.

The Kennox Strategic Value managers have been foraging for stocks left behind after last year's market rallies, searching for opportunities across Europe.

The top-performing Schroder Real Estate investment trust has launched a £40m cash call to shareholders in order to support a series of acquisitions across the property sector.

Chinese stocks rebounded overnight after experiencing the biggest decline in seven months.

Former French presidential hopeful Dominque Strauss-Kahn is hoping to raise $2bn to launch a hedge fund.

Platforms have been labelled the biggest winners of the 2014 Budget, as the increase in the ISA allowance and a move to provide more flexibility for retirees gives the sector a boost.

Standard Life has opened up its retirement product range to customers with a smaller pot of pensions savings, a day after the Chancellor's pension reforms triggered a sell-off among life insurers.

Industry figures have broadly praised George Osborne's 2014 Budget, pointing to the benefits created for savers.

Limited Liability Partnerships (LLPs) may rush to incorporate and deprive the Treasury of revenues after the government pushed ahead with the crackdown on current LLP taxation structures.