Cofunds’ Unbundled Pricing Goes Live

The various portfolio tiers relate to all the assets that an individual holds on Cofunds, including ‘legacy assets’. And investors can make unlimited switches without charge, Cofunds says. The unbundled model will be VAT-exempt


Gilliat’s Success Leads to Host of Awards

Gilliat Financial Solutions, the structured products distribution specialist within the Arbuthnot Banking Group, today announced its success in both the European Structured Retail Products Awards and Moneyfacts Investment Life & Pensions Awards.


Origen reports £3.5m loss after review

Financial adviser Origen, part of Edinburgh-based Aegon UK, has reported a £3.5 million pre-tax loss for 2011 after conducting an internal review of its systems and controls.


VCTs fear 75% plunge in funding after new rules

Venture capital trusts believe that new rules planned by the Financial Services Authority could cost them three-quarters of their investor base, with one wealth manager warning the developments are “very concerning” for small business investme


Turkey may sell 24 pct of Halkbank in secondary offering

Turkey's Privatisation Administration may sell a 24 percent stake in Halkbank through a secondary public offering (SPO) within six months, retaining a controlling stake in the state-run lender, government and banking sources said.


RBS Heads For Insurance Exit

Exiting the Asset Protection Scheme would be a milestone in RBS's recovery just under four years after it was rescued.