uncategorised

Advisers and product providers have reacted angrily to this week's Which? report that asserted equity release is far from ideal for retirees with fiscal deficits.

Abbey International has launched a fixed rate Monthly Offshore Saver account, allowing regular savers to earn 12% gross AER sterling, 10% gross AER for euro and 6% gross AER for US dollars.

Zurich International Life has added a total of 20 new funds to its open architecture International Wealth Account and mirror fund ranges.

Skandia Investment Group (SIG) is considering rolling out an overseas version of its UK Strategic Best Ideas fund.

Stephen Green, chairman of Britain's biggest bank HSBC, has thrown his weight behind the financial regulator's proposals to rein in the City's excessive bonus culture, The Telegraph reports.

Guest blogger Andy Milburn, head of marketing at Munich Re, shares his thoughts about communicating big changes from the top to the average adviser to the man on the street.

MetLife Europe is planning the next stage of its recruitment drive for 2009 having now doubled its sales force.

Defaqto has pointed to a shift in focus from ascertaining cost towards seeking quality-based information by those using price comparison websites.

The FBI is trying to pin down whether executives at four American financial institutions, believed to have triggered the $700bn proposed bail-out of Wall Street, lied to shareholders, it emerged yesterday, The Times reports.

Support services firm Simply Biz has announced the freezing of membership costs in 2009.