Leeds Building Society has posted a profit of £31.7m for 2009, up by 56 per cent on the previous year.
The FSA has fined RSM Tenon Financial Services Limited £700,000 for failings in its advice and sales processes for Lehman-backed structured products and also for failing to prevent unsuitable advice on structured product and pension switching.
Having emerged intact from the recent market turbulence, China is a leading player in the Asia growth story
Multi-manager group Russell Investments has created four funds to help IFAs with asset allocation and portfolio construction. These follow the launch of Russell’s helping advisers website, which provides IFAs with online resources and tools, including help with asset allocation and understanding the markets.
Product providers and advisers believe that allowing early access to pension funds would encourage more people to save.
Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of […]
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