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Latest News

ATS platform tech changes contribute to move to top of FCA complaints table

ATS received the highest rate of complaints of any firm on decumulation and pensions in the first half of 2017 as investment in platform technology and a restructure hit its service, the FCA's complaints data has revealed.

Woodford-backed Spire rejects bid approach

Spire Healthcare leaps 12% after rebuffing £1.2 billion offer from rival Mediclinic and Dialight and Pendragon plunge on profits warnings.

FCA fines Merrill Lynch £34.5m for breaching financial crisis rules

The Financial Conduct Authority (FCA) has fined Merrill Lynch International (MLI) £34.5 million for failing to report transactions.

FCA wants advisers to report risky product recommendations

The Financial Conduct Authority (FCA) will require IFAs to report risky products as it explores the possibility of introducing risk based levies in future.

Fidelity Investments fund managers exit amid sexual harassment claims

Wall Street has become caught up in the sexual harassment stories dominating the headlines as it emerged two fund managers in it $1.3 trillion equity division.

Chancellor risks Budget rebellion over squeeze on older workers

Chancellor Philip Hammond’s November Budget could be derailed by Conservative Party rebel MPs angry at his polices and eager to get him sacked, according to The Times.

Royal London calls for end to 'scandalous' lump sum tax tactics

Royal London has called on the taxman to stop applying an emergency tax code to pension withdrawals in evidence to the pension freedoms inquiry.

Former M&G analyst in court over revenge porn attack on colleague

A former M&G analyst uploaded faked images of an intern onto pornographic websites, a court heard.

Asia stocks mostly gain after Abe election win

Japanese exporters notched gains on the softer yen.

Monday Papers: Shinzo Abe gains big victory in Japan election

And designs for 'mini' nuclear power plants proposed by Rolls-Royce led group set to be given go-ahead.

Video pick
Play Video: Ravenscroft's Harries homes in on themes not forecasts

Video: Ravenscroft's Harries homes in on themes not forecasts

Mark Harries, head of investment management at Ravenscroft, is overseeing the launch of onshore versions of the firm's offshore funds

7 Comments Play CIO Tapes: 'passive funds are anti-capitalist'

CIO Tapes: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

NMA Profile
Adviser Profile: Simon Frost and Scott Atkinson of GPFM Financial Planners

Adviser Profile: Simon Frost and Scott Atkinson of GPFM Financial Planners

Best friends do not necessarily make best business partners, but Simon Frost and Scott Atkinson say they complement each other perfectly, ensuring GPFM Financial Planners is well-placed to become a ratings hit.