On 22 August, doorstep lender Provident Financial hit investors with a devastating triple-whammy – a profit warning (its second in a matter of months), an FCA investigation into its credit card subsidiary Vanquis Bank and the resignation of disgraced CEO Peter Crook.
The Financial Conduct Authority (FCA) has barred John Chiesa and Colette Chiesa, founders of an authorised IFA firm, from ever working in financial services for the “calculated way” they deceived creditors.
Should investors be worried about the impact of Spain’s worst political conflict in 40 years?
If anything, the flurry of studies during this year’s Good Money Week have proved that green investing has to overcome a number of hurdles before it really takes off.
Jupiter’s multi-manager range has drastically shaved down its exposure to Neil Woodford’s flagship equity income fund and has added three new funds to its holdings, Portfolio Adviser has learned.
Fidelity International’s announcement that it will implement a performance-based fee sparked mixed reactions in the industry, with some calling it “innovative” and others saying it missed the mark.
A drive toward transparency in the platform market will narrow the gap between big retail players and the institutional market, Multrees Investor Services chief executive officer Chris Fisher predicts.
Investors are less confident about the UK now than they were in the aftermath of the Brexit vote or the UK snap election, according to the latest reading from the Lloyds Private Bank Investor Sentiment Index (LPBIS).
Investors are currently less confident in the UK than they were in the aftermath of the Brexit vote or the UK snap election, according to the latest reading from the Lloyds Private Bank Investor Sentiment Index (LPBIS).
All is not as stable as it appears in the energy industry, warns Ardevora co-founder Jeremy Lang, who believes the sector is “a slowly unfolding trap”.
Manchester United has been added to Nick Train’s Finsbury Growth & Income Trust, his first new holding in two years.
Despite their hefty price tag, the FANG stocks and Apple have had remarkable staying power, surviving a sell-off and reaching record share price highs. But has the relative safety of the tech giants come to an end?
