News

Nine companies have been named Adviser Firm of the Year in their respective regions at the Professional Adviser Awards 2014.

Martin Currie is to cut down the size of its UK-domiciled Japan fund range, merging John Millar's Japan fund into the group's Japan Alpha offering, Investment Week can reveal.

Lloyds CEO Antonio Horto-Osorio has been forced to defend his £1.7m bonus, claiming it is in the interests of the taxpayer.

Scottish first minister Alex Salmond has accused the three main UK parties of "bluff, bluster and bullying" after they rejected plans to share the pound with an independent Scotland.

The Financial Conduct Authority (FCA) has discovered poor practice on all annuity price comparison websites, with 12 out of 13 found to have breached TCF rules.

The conduct of pension providers' annuity sales teams will form a large part of the Financial Conduct Authority's (FCA's) continuing investigation into the retirement income market.

Some 80% of retirees who stick with their pension provider when they buy an annuity could get a better deal elsewhere, pointing to a huge failure in the open market option, the Financial Conduct Authority (FCA) has found.

Zurich Life has blamed a drop in its bond business on the impact of the Retail Distribution Review (RDR) - as it reveals a 42% fall in operating profits.

Aberdeen Asset Management is set to launch a new Asian property fund of funds, after closing its third investment vehicle targeting the region having raised more than £300m.

Hawksmoor's Richard Scott has taken a contrarian approach to his rivals by investing in global emerging market equities - predominantly via trusts - following the sell-off.