News

The Financial Conduct Authority (FCA) has fined AXA Wealth Services £1,802,200 for failing to ensure it gave suitable investment advice to its customers.

Mark Carney yesterday declared the British economy is picking up but warned the recovery may prove to be another ‘false dawn'.

Social media giant Twitter has filed preparatory documents to the US regulatory for an initial public offering (IPO).

The government is planning to take Royal Mail private in the coming weeks, but would you be rewarded for taking a stake in the business?

Liontrust's Steve Bailey and Jan Luthman have bought into Sainsbury's and a number of other ‘challenger banks' on the view the new entrants to the market will take market share from the ‘big three', particularly in the mortgage sector.

Bank of America Merrill Lynch has named its top ten trades for this autumn as investors prepare for a tapering of QE in the US and a possible jump in interest rates.

Nomura's Brett Olson has joined iShares in the newly-created position of head of fixed income for Europe, Middle East and Africa (EMEA).

The Association of Private Client Investment Managers and Stockbrokers (APCIMS) is planning to rebrand as the Wealth Management Association to better reflect its membership.

Analysts at the Bank of America Merrill Lynch have tipped the FTSE 100 to rise to 7,400 next year, citing the strengthening economy and an accommodating central bank as reasons why stocks can reach such highs.

Advisers and consumers should ask ‘critical questions' about whether the experience of using platforms justifies the additional costs and complexities involved, according to Bruce Moss, founder and strategy director at eValue.