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FCA tells wealth managers to justify fees

The Financial Conduct Authority has called on wealth managers to justify high fees and prove value for money in a 'Dear CEO' letter.

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Quilter adds funds to Cirilium range

Quilter Investors has added two funds to its Cirilium range to improve protection against potential volatility.

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Brooks Macdonald to cut 55 jobs

Wealth and investment manager Brooks Macdonald is to cut 55 jobs - about 10% of its workforce - as part of cost-cutting measures announced today.

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SJP shares plummet 20% as fee review launched

St James's Place, one of the UK’s largest wealth managers, suffered a 21% drop in its share price at one point today after announcing a review of its much-criticised fees and charges.

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