The Financial Conduct Authority (FCA) has published a guide revealing how it will measure advisers' disclosure efforts against its expectations, after it detected "unacceptable" shortcomings in its latest post-Retail Distribution Review (RDR) work.
Matthew Butcher, former head of research at Brewin Dolphin, has joined Dart Capital following a short break from the industry.
Standard Life has enhanced its wrap platform with the launch of a specialist investment hub aimed at users with discretionary permissions, as it taps into the growing number of adviser firms changing their business models.
Neil Woodford is considering opening talks with his former firm Invesco Perpetual about a private multi-billion pound deal to bring across his old stakes in the country's largest stocks, and avoid creating havoc in their share prices.
GLG has hired veteran European fund manager Rory Powe as it moves to expand its product range with a European long-only fund.
The Financial Services Compensation Scheme (FSCS) is facing claims worth around £2.5m for 12 investment and life & pensions firms newly declared in default - which would need to be paid for by investment adviser levypayers.
The chance of a rate rise this year has moved a step closer after one of the Bank of England's policymakers said a rise in the cost of borrowing should happen "sooner rather than later".
Insurer Zurich welcomed the regulator's pledge to re-open the long-stop debate but suggested it should be looking at more options than just a 15-year liability period.
Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.
Fidelity Worldwide Investment has cut the price of its index tracker range, putting pressure on rivals who now charge more than double the price on some products.