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Close Brothers has launched the Close Wealth Management Academy to deepen its relationships with financial advisers.

London Central Property (LCP) is set to launch its London Central Portfolio Property Fund II in September.

Advisers are ditching mainstream UK-focussed funds, leading senior figures to assert that many are chasing returns and running the risk of missing out on a possible change in fortunes for the domestic market as well as jeopardising clients' capital.

Sterling has plunged to its lowest level in nearly 18 months against the dollar amid renewed fears about the health of the British economy and growing conviction that the next move in UK interest rates will be down, The Times reports.

William Russell has launched a ‘Medical History Disregarded' expatriate health insurance group plan.

Bankhall Investment has called on advisers to address any operational risks within their firms prior to putting diversification plans into action.

Skandia has appointed two regional sales managers as part of its ongoing commitment to provide accessible local support for financial advisers.

Aegon's head of UK equity, Stephen Adam, says there is a high risk of a UK recession in the remaining six months of this year.

The Bank of England has kept the UK base rate on hold at 5% for the fourth month in a row.

Alistair Darling's lingering hopes for a rapid revival in the faltering economy next year were undercut yesterday as the International Monetary Fund reduced its forecasts for Britain's growth and sounded a warning that the country faces two years of economic...