News

News of the hotly-anticipated Royal Mail IPO was unsurprisingly popular among our readers this week, with ongoing pricing battles in the platform space also catching the eye.

Simplybiz has bought back Standard Life's 10% share in the group for an undisclosed sum.

Fidelity Worldwide Investment is to significantly expand its pensions business and has appointed Richard Parking as head of retirement.

UBS Global Asset Management has promoted John Dugenske to the position of global head of fixed income to replace exiting manager Rob Gambi.

Janet Yellen's appointment as chairman of the US Federal Reserve could see tapering of quantitative easing (QE) as early as December, experts say.

Technical problems on Hargreaves Lansdown's website have frustrated investors who are trying to trade Royal Mail shares this morning.

The price of Royal Mail shares has soared well above the government's offer price after conditional trading in the company began this morning.

US markets had their best day of the year so far yesterday, with all three major indices rising by more than 2%, after politicians took a step towards agreeing a deal on the country's debt ceiling.

The Association of British Insurers (ABI) is to enhance its guidance on unit-linked funds after a Financial Conduct Authority (FCA) probe uncovered "specific" failures in some insurers' governance of the investments.

M&G's Tom Dobell has warned against what he sees as the "tiresome" rise in short-term trading, suggesting investors need to move away from "grazing" and hold stocks for longer.