Philip Matthews has managed the £1.5bn Schroder UK Alpha Plus fund since Richard Buxton’s departure for Old Mutual in October 2013.
FCA chairman John Griffith-Jones says there will always be “winners and losers” to fee changes.
Funds under management at St James’s Place Wealth Management hit a record high at £49.1bn in Q3.
Doug Heron takes up the role of CFO in January and will be responsible for overseeing finance, risk and compliance at the platform provider.
MPs ‘profoundly worried’ about potential missing £2bn from Treasury coffers.
Rebrand follows On-line Partnership Group Limited’s 2013 acquisition by Russell Investments.
Money was in charge of the Global Climate Change strategy and the Schroders Global Resources funds and has been with the firm since August 2010.
Assets under management and fee revenue pushed higher by purchase of asset manager.
Ex-Schroders UK Opportunities fund manager Julie Dean is joining former Cazenove colleagues Tim Russell and Chris Rice at Sanditon Asset Management
Alliance Trust Investments increased assets under management by 3 per cent to £2.26bn in the third quarter of 2014 up from £2.2bn in the second quarter.
Fidelity Worldwide Investment UK marketing head Rob Fisher has left the firm after almost 14 years’ service.
Cru founder Jon Maguire is to launch a residential property fund through his new venture, Swayagain.
Toby Jameson-Till joins from C. Hoare & Co.
Angela Lauder was jailed for 16 months in November 2013 after she stole £158,666 from clients.
Swayagain is promoted as a firm which provides services such as raising capital, business development and marketing.
FCA rules which came into force in June have banned the use of dealing commission money to gain face time with company management.
No further action will be taken against Partnership following the regulator’s review into distribution deals between providers and advice firms.
Prime Minister David Cameron has insisted the UK will not pay the £1.7bn demanded by the European Union by next month.
The Sicav is managed by Magdalene Miller and has a four star FE rating.
Axa Wealth grew its assets under management by 10 per cent to £27bn in the year to 30 September.
The number of investment trusts reporting portfolio holdings on a monthly basis has more than quadrupled to 122 over the last two years.
This week’s Money Marketing cover story focuses on the future of the Money Advice Service.
Old Mutual is looking to merge its £437m Old Mutual Property fund into the £2.25bn Henderson UK Property fund.
Paul Reynolds is accused of not being a fit and proper person to be a regulated adviser.
Now the Treasury has excluded the Money Advice Service from its pensions guidance plans, is there any point in the quango carrying on?
The FCA says it would have preferred to extend the scheme to all regulated firms.
Trade body says it is pleased with financial performance in a ‘challenging climate’.
Lead generation firm TAB Finance has been asked to stop communications 19 times this year.
Premier has hired ex-Barclays Wealth director Paul Freeman and his former team of six wealth managers to launch a South West office.
Network was placed into administration in 2010 after regulatory action.
Aberdeen-based Midas Financial Solutions is being investigated for offering unregulated short-term investments.
Hywel George, the director of investments, at the Old Mutual Investment Group, says it is the first time the group has launched an African fund to a global audience.
The Bank of England shut down its system to transfer funds between banks in real time earlier today.
Payouts were up just 0.2 per cent year on year whilst underlying dividends declined by 2.9 per cent.
Advisers must effectively manage risk of clients outliving average life expectancy.
The platform says the move has been made to offer its self-directed intermediaries a Sipp product.
Gallagher is centralising operations following its £199m acquisition of Oval in April.
In August HSBC had to repay trail commission in full for not providing an ongoing service.
Some people will find their paths to George Osborne’s pension freedoms blocked by providers unwilling to take on DB transfers.
The Financial Ombudsman Service ordered the bank to repay trail commission to a client.