News

Wealth managers have been shifting assets out of fixed income and into property as the unloved sector comes back onto investors' radar.

Sven-Goran Eriksson, the former England football manager, has hit out at the adviser who he claims cost him £10m, labeling him the "only person on earth I hate."

The Financial Conduct Authority (FCA) has written to advisers asking them why they failed to comply to its redress scheme rules in reporting back on the number of eligible Arch Cru claimants they had on their books.

The UK economy grew by 0.7% in the second quarter of 2013, a higher than previously estimated figure, according to latest figures from the Office for National Statistics.

Underwriting will become the "norm rather than the exception" in annuity business in the future, potentially creating a more varied pensions market, Prudential's head of business development has claimed.

Thesis Asset Management is developing a series of direct securities model portfolios for investors with a minimum investment amount of £25,000.

National advisory firm Bellpenny has selected insurer Zurich as its lead integrated platform provider.

A businessman who amassed a £100m fortune through mis-selling credit card protection products showed contempt for the seven million affected victims yesterday.

US stock exchanges halted all trading in companies listed on the Nasdaq on Thursday after a "serious" technical issue stopped it from quoting share prices accurately.

Better-than-expected data from China and the Eurozone helped the FTSE 100 rebound from a three-day sell-off that saw the index hit a six-week low earlier this week.