A suspected boiler room operation has had an unlimited worldwide asset freezing order placed on it by the FCA after a High Court judge agreed that First Capital Wealth Limited posed a serious risk to consumers.
Chris Redman, formerly investment director of Collins Stewart and Gerrard Investment, has joined Raymond James Investment Services, establishing his investment management practice in Faversham, Kent.
Russell Investments is to acquire On-line Partnership Group - the holding company of IFA networks IN Partnership and Whitechurch - as part of a drive into the adviser market.
Aberdeen Asset Management has formed a "strategic relationship" with Lloyds Banking Group and, as part of the deal, will acquire Scottish Widows Investment Partnership for approximately £650m.
The Financial Ombudsman Service announced today that after almost four years with the ombudsman service Natalie Ceeney is stepping down as Chief Ombudsman.
Reading-based Distribution Technolgoy (DT), a provider of Financial Planning and practice management technology, says its newly-launched Dynamic Planner Intelligence report shows that planners' clients have become more risk averse in the past six months.
Charles Stanley has acquired investment and wealth manager Evercore Pan Asset for an undisclosed initial cash sum and is likely to make significant cost savings by merging the companies.
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