News

Experts are warning that the end could be nigh for ‘zombie' companies, which are kept alive by lenient creditors but are too weak to invest or expand.

Pensioners who have paid off their mortgages are among the most wealthy people in Britain, according to research by equity release specialist Key Retirement Solutions.

Taxpayer-owned Royal Bank of Scotland could miss the deadline at the end of the year to sell 316 branches by more than two years.

Funds including the Absolute Insight fund of funds and GAM's US equity offering are among those to have made the latest Bestinvest Premier Selection guide.

A Liberal Democrat paper prepared for the party's conference will call for the lifetime allowance on tax free pension savings to be cut from £1.25m to £1m.

Zurich Insurance Group (Zurich)has appointed Kristof Terryn as CEO of its global life business with immediate effect.

The Financial Conduct Authority (FCA) has banned and imposed fines of £28,000 each on two individuals for failings related to the sales of unregulated collective investment schemes (UCIS) to some 800 investors.

Shares in the US closed sharply lower on Thursday - with some indices hit by the worst one-day percentage falls since late June - as positive jobs data sparked fears the Federal Reserve will move earlier than expected to taper its quantitative easing...

Advisers are increasingly turning to blended funds as investment solutions for clients, according to figures for the first half of 2013 from multi-manager Architas.

The Financial Services Compensation Scheme (FSCS) said it is continuing to receive claims in respect of the CF Arch Cru funds, and has put the likelihood of a further interim levy for 2013-14 as ‘medium'.