Ignis Asset Management, formed by the merger of fund houses Resolution (RAM) and Axial, has officially launched today with "ambitious" plans for offshore expansion.

Resolution founder Clive Cowdery is reportedly interested in a bid for HBOS' insurance arm Clerical Medical.

The majority of the 200,000 UK Icesave customers will be officially offered compensation before the end of the month, the Financial Services Compensation Scheme (FSCS) pledges.

Baillie Gifford is bringing a Greater China fund to the UK retail market on 19 November as part of a renewed focus on single country and regional strategies.

More than one million people will be made redundant in the worst recession for almost twenty years, British business leaders warn, The Telegraph reports.

Credit Suisse multi-manager duo Graham Duce and Aidan Kearney have significantly upped exposure to cash across their portfolios, believing that any market rally this year is likely to be short lived.

Japan, the world's second largest economy, plunged into its first recession since 2001 today after its GDP dipped by 0.1% in the third quarter.

Generali International has added Castlestone Management's Aliquot Commodity Ucits fund to its unit-linked fund range, following investor demand for access to commodities.

Fears of an impending recession mean around 1.5 million pensions savers have considered halting their contributions.

I've recently had the fortune, though some may say misfortune, to be involved in several conversations and debates, some a little heated, about the number and validity of various award ceremonies in the protection industry.