News

The Isle of Man has published an Action Plan which includes a review of existing company ownership rules.

Markets across the globe tumbled overnight after the US Federal Reserve announced it may slow down asset purchases by the end of the year.

Five major high street banks and building societies have agreed plans to plug an aggregate capital shortfall which at the beginning of the year stood at £27bn, the Prudential Regulation Authority (PRA) has announced.

The Chancellor, George Osborne, has said it would have been wise to split majority-government owned Royal Bank of Scotland (RBS) into a good and bad bank when the crisis erupted, paving the way for such action to be taken in the future.

Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.

Liontrust chief executive John Ions has said the group "does not see the need" to offer multiple share classes to different distributors in order to stay competitive.

Bank of England (BoE) governor Mervyn King was defeated in his final bid to inject more stimulus into the UK economy, minutes from last month's minutes show.

Raymond James has launched a bundled pricing model on its platform as part of a drive to attract smaller investors.

Cazenove Capital's head of UK retail Rob Thorpe is to leave the firm imminently as Schroders concludes its takeover of the group.

In this week's quick fire poll we ask: Should the baby boomer generation take more investment risk in the run-up to retirement?