News

Aberdeen Asset Management has unveiled unbundled share classes across its fund range in preparation for the onset of Retail Distribution Review (RDR) next year.

Business tycoon Asil Nadir has been found guilty of a total of ten charges of theft from his now-collapsed Polly Peck empire.

The Financial Services Authority (FSA) has proposed to ban the promotion of unregulated collective investment schemes (UCIS) to the vast majority of retail investors.

Aberdeen Asset Management will launch a global small-cap equities fund for Stephen Docherty in late September.

London's leading share index has slipped into the red in early trading, mirroring losses overnight in Asia and the US, after gloomy economic data from Japan dampened sentiment.

Plans to allow the new financial regulator to publish warning notices about enforcement action have been branded as "unjust and dangerous" by a Conservative peer.

Adrian Lowcock has left Bestinvest to join Hargreaves Lansdown.

Asian stock markets echoed Wall Street's overnight slump as investors fretted over declining Japanese export figures.

Murray International trust has reported a rise in interim profit and returns but chairman Kevin Carter said securing positive financial returns may prove "difficult" in the near term.

US Federal authorities are reportedly investigating RBS over possible dealings with Iran, the latest case of a UK bank coming under scrutiny from US regulators.