Economics / Markets

Most clients are uninterested in the "nuts and bolts" of investment decision-making and instead require a more tailored discussion around risk, according to consultant Tim Hale.

SCARY NUMBERS

Labour leader Ed Miliband has attacked the coalition government's decision to axe the 50p rate in his speech at the party's annual conference.

Businesses are predicting GDP will have grown by 0.5% in the third quarter of 2012, although leaders are still warning of stagnation.

The Institute of Financial Planning (IFP) has appointed its first paraplanner to the board of directors, in a move that it hopes will position it as the first trade body to represent the profession.

Privately owned wealth manager Truestone has acquired Argent UK and Argent Personal Financial Management Limited for £3.5m.

FIVE THINGS

Labour would reinstate the 50p top rate of tax should it win the next election, party leader Ed Miliband has said.

Ed Miliband has suggested a future Labour government will force banks to split their retail and investment arms, should they not do so willingly.

The Spanish government has announced €40bn in spending cuts and budget savings in its latest attempt to turnaround the country's struggling economy.