The Financial Conduct Authority (FCA) has urged asset managers to move away from using the annual management charge (AMC) as their headline cost, instead pushing for a focus on the ongoing charges figure (OCF).

RBS will not pay out bonuses in line with its rival banks, after the UK government said it would not support a payout ratio of two times executive salaries.

Ashcourt Rowan has completed its acquisition of UK Wealth Management Limited (UKWM) from Duke Street General Partner in a £14m deal.

BlackRock has warned of ‘major risks' to the UK and Scotland if Scots vote for independence in September's planned referendum.

Standard Life has tabled a reported £400m bid for Ignis Asset Management.

The Office for Budget Responsibility (OBR) has raised its forecast for UK economic growth this year as the recovery continues to gather pace.

Friends Life is to pull a further £15bn of assets from F&C Asset Management by the end of the year, as it awards several mandates to a new investment manager.

Edward Bonham Carter has today officially handed the CEO role at Jupiter Fund Management to Maarten Slendebroek.

Asian markets suffered their worst weekly loss since 2012 as the EU and US considered sanctions against Russia following a referendum on Crimea.

F&C Asset Management has warned it faces "signicant" short term headwinds following the loss of its strategic partnerships, as it urged shareholders to approve a £700m takeover deal.