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Professional Adviser

Professional Adviser

Articles by Professional Adviser

Investment

ETF sales soar as investors 'address risk'

Current market turbulence is driving Exchange Traded Fund (ETF) growth as investors address the issue of risk, according to iShares.

clock 22 October 2008 •

Your profession

King admits UK likely to enter recession

Bank of England governor Mervyn King has for the first time admitted the UK is entering a recession.

clock 22 October 2008 •

Income

Calls for Govt to confirm ASP U-turn

Hornbuckle Mitchell has urged the Government to confirm it has shelved its tough stance on Alternatively Secured Pensions (ASP) and no longer considers them a ‘loophole'.

clock 22 October 2008 •

Investment

I am not a number

As "Poacher turned Gamekeeper" I would not put myself in the same house as Hector, but I was recently offered the rare treat (these days) of a day out of the office to visit a client of long standing, the opportunity presenting itself as a number of customer...

clock 22 October 2008 •

Economics / Markets

MPC: rate cut decision was unanimous

The 50 basis points cut in interest rates announced on October 8 was a unanimous decision, according to the minutes of the MPC meeting.

clock 22 October 2008 •

Regulation

FSA confirms short selling measures

The FSA has confirmed that, other than one exception, it will not be making any changes to the short selling measures introduced on September 18.

clock 22 October 2008 •

Offshore Investment

Guernsey's fund industry defies economic downturn

Guernsey saw its fund servicing industry grow by 20% over the past year, according to Lipper.

clock 21 October 2008 •

Investment

Hargreaves revenue up as investors transfer to Vantage

Hargreaves Lansdown has recorded a "satisfactory" 13% increase in operating revenue over the turbulent three months to 30 September.

clock 21 October 2008 •

Investment

Bank bail-out exceeds GDP of United Arab Emirates

The UK and US Governments will pump more capital into nine ailing financial institutions than the entire GDP of the oil-rich United Arab Emirates.

clock 21 October 2008 •

Investment

Mixed profit numbers hit FTSE

Trading was volatile in London after mixed profit reports were released, with the FTSE100 down more than 0.5% around midday before making a slight recovery to 4,237.29, a drop of 45.38 points (1.06%).

clock 21 October 2008 •
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