The Financial Conduct Authority (FCA) has laid the groundwork for firms to come to market with ‘robo-advice' models, its director of strategy and competition Chris Woolard has suggested.
The Financial Conduct Authority (FCA) has banned and fined a financial adviser for making unsuitable recommendations of high-risk and often unregulated investments.
Why the old life company service model just doesn't work
A surge in demand post-RDR makes for positive headlines, but it also masks a bigger problem
Financial regulators in the US are warning investors and advisers to beware the limitations of automated investment tools.
Chancellor George Osborne is set to take the unusual step of delivering two Budgets in the same year, after announcing plans to keep the promises the Conservatives made ahead of the general election.
A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.
Standard Life has completed the acquisition of wealth manager Pearson Jones from Skipton Building Society, a move which represents its return to offering financial advice.
Vanguard has unveiled its ‘robo' advice offering in the US, which provides portfolio management for investors with minimum assets of $50,000 and charges as little as 30bps per annum.
AXA Wealth reported record inflows to its wrap platform Elevate in the month before the 6 April introduction of widespread pension reforms, taking total assets beyond £10bn and pushing the group's overall funds under management (FUM) closer to the £30bn...