The Bank of Ireland (BoI) has reversed controversial increases of mortgage rates for some of the 13,500 affected borrowers following pressure from consumers and lawyers.

Fund managers can expect the axe from discretionary fund managers (DFMs) if they fail to perform within the first 12 months of being granted a mandate, according to research by Coredata.

BlackRock has agreed to acquire private equity real estate adviser firm MGPA for an undisclosed sum.

Fund closures and mergers in the UK have soared to a record high in the past six months as groups cull smaller or underperforming funds amid pressure on margins.

Advisers and agents selling clients investments in Caribbean villas run by Harlequin Property received commissions of up to 15%, according to a lawyer close to the situation.

It's our weekly round-up of articles your clients may have read in the nationals over the weekend...

Fidelity Worldwide Investment has cut a number of jobs across its IFA sales team, IFAonline's sister title Investment Week can reveal.

The Bank of Ireland may have acted illegally when it increased tracker mortgage rates for 13,500 borrowers by up to 122%.

Cazenove Capital's shareholders have approved the proposed acquisition of the business by Schroders for £424m.

The London property tycoon behind one of Britain’s biggest mortgage scams has been given an extra four years in jail after judges ruled his sentence “too generous”.