News

Barclays has set aside an additional £400m to repay customers mis-sold interest rate hedging products and another £600m for payment protection insurance (PPI) redress.

Platform giant Skandia has reversed its post-RDR stance requiring advisers who take a percentage fee to get a new client agreement every time a top-up into an investment is made.

Fund of funds veteran Ken Kinsey-Quick is leaving F&C Investments at the end of March, the group has announced.

Berkeley Burke SIPP Administration has revealed it has stopped accepting overseas property into its self-invested personal pension (SIPP).

Kuber Ventures has unveiled a six strong line-up of EIS fund managers, two months on from launching the first ever EIS platform.

Former Cofunds head of sales and marketing Alastair Conway has joined James Hay Partnership as chief executive.

Hollywood director Ridley Scott has partnered with Orchard Media Ventures to launch an enterprise investment scheme which will finance six UK films.

Paul Feeney has told Investment Week the terms negotiated on Skandia's soon-to-be-launched Select fund range will enable the group to offer the "best model portfolio service" to UK advisers and help them take power back from other distributors.

The return of high-profile funds to the top of the performance charts is shaking up the UK equity rankings, just as the asset class returns to favour.

Schroders has launched a multi-asset fund aiming to protect investors' capital in varying market conditions.