Aviva head of platform Tim Orton says a D2C self-service proposition is "still on the cards" for the firm but ongoing regulatory guidance is delaying advisers' potential use of the offering.
The Financial Conduct Authority (FCA) has fined Aviva Investors £17.6m for failings in how it managed conflicts of interest.
Legg Mason's chief executive Joe Sullivan has revealed the firm is in acquisition talks with two businesses, while it is also looking to develop its ETF capabilities.
Invesco Perpetual's £600m Income & Growth fund is to move out of the Investment Association's UK Equity Income sector this Friday (27 February) after failing to meet the trade body's yield requirements.
Greece has submitted a range of reforms to its European creditors in an attempt to extend its bailout programme.
Ashmore Group saw assets under management decline by 15% during the last six months of 2014, as negative investment performance and investors' adversity to emerging markets weighed on the company.
The UK funds industry will see growth ‘skyrocket' in the coming years, but the balance of power in the industry could shift to smaller players, a new report has predicted.
Access to non-standard asset investing in self-invested personal pensions (SIPPs) could be curtailed by the latest Financial Services Compensation Scheme (FSCS) ruling, which places liability for investment losses on financial advisers, according to Dentons'...
Hargreave Hale is to expand its reach with the opening of a new office in Norwich, led by two former Brewin Dolphin investment managers.
Investors in failed fund Connaught who are trying to claw back some of their losses must wait longer in limbo as the regulator admits it has still not brokered a deal to secure them redress.