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News

Income

RP Poll: Non-advised annuities

In this week's annuity-themed poll we ask: Should the Financial Conduct Authority review the direct to consumer annuity market?

clock 24 May 2013 •

Investment

Franklin Templeton to soft-close Mobius' Frontier Markets fund

Franklin Templeton is set to close Mark Mobius' $2bn Templeton Frontier Markets fund to new clients next month, Investment Week understands.

clock 24 May 2013 •

First time buyers

Older first-time buyers locked out of Help to Buy

Housing minister Mark Prisk has acknowledged older first-time buyers may miss out on the government's Help to Buy scheme.

clock 24 May 2013 •

Offshore Investment

Crown dependencies re-affirm commitment to global standards on tax

Britain's Crown Dependencies and Overseas Territories have re-affirmed their commitment to a global standard in tax transparency, which will lead to cost savings to businesses and government.

clock 24 May 2013 •

Investment

Close Brothers AUM rises 10% year to date

Close Brothers has reported positive net flows into its asset management division, with assets under management up 10% year to date.

clock 24 May 2013 •

Economics / Markets

French court grills IMF chief Lagarde in fraud probe

The head of the International Monetary Fund (IMF) Christine Lagarde appeared before a French magistrate yesterday to face questioning over allegations of embezzlement and fraud.

clock 24 May 2013 •

Economics / Markets

Osborne agrees to sell taxpayer stakes in RBS and Lloyds - reports

George Osborne has started the sale process of the taxpayer stake in Royal Bank of Scotland (RBS) and Lloyds, within hours of both banks getting approval from regulators over their capital strength.

clock 24 May 2013 •

Equities

Japanese shares claw back losses after rollercoaster session

Japanese shares have regained some of their ground after falling more than 7% yesterday in a dramatic trading session.

clock 24 May 2013 •

Wrap/platforms

Hargreaves eyes exclusive rights to sell funds

Hargreaves Lansdown is asking smaller fund groups to offer their products exclusively through the discount broker, as part of a round of fresh price negotiations.

clock 23 May 2013 •

Regulation

UK pensions escape EU solvency requirements

Pension schemes have avoided being forced to find £450bn worth of extra cash after the European Commission scrapped its Solvency II plans today.

clock 23 May 2013 •
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