The Financial Ombudsman is poised to report figures tomorrow which show a rise of approximately 50% in the number of Sipp complaints it has received in the past year. Read more ...
AFH Financial Group of Bromsgrove, West Midlands, has bought the assets of IFA Omega Consulting (Norwich) Ltd. Read more ...
Two of Carmignac's funds are now risk-rated by Distribution Technology, a provider of risk profiling and Financial Planning tools for advisers. Read more ...
Research by Santander has highlighted a growing savings gender gap with women savings less than half the amount men have saved. Read more ...
Increasing use of income drawdown following the Budget annuity changes could see 20% of pensioners exhausting their funds before they die, pension experts have warned. Read more ...
Legal & General Investments, a provider of retail index tracking funds in the UK, has launched the Legal & General Short Dated Sterling Corporate Bond Index Fund. Read more ...
Tavistock Investments has announced plans to acquire IFA firm County Life & Pensions - owner of the Sterling McCall Wealth Management network - and investment manager Blacksquare in a £7.3m deal. Read more ...
Financial Planning and forecasting specialist eValue has launched a "Better Outcomes for All" campaign to encourage the industry to better serve the investing public.
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eValue says that risk-rated Centralised Investment Propositions (CIPs) will fail to be "fit for purpose" as a "decumulation" alternative to annuites.
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FCA technical specialist Rory Percival has warned that advisers and planners should be way of adopting a "one size fits all" approach when it comes to using Centralised Investment Propositions (CIPs).
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