News

Having spent time in the "economic and stockmarket wilderness", India is worth a second look according to the managers of J.P. Morgan's Luxembourg-registered India fund.

Well-known economist Roger Bootle stands to make tens of millions of pounds from the potential sale of his consultancy Capital Economics, in a deal which could value the group at £50m-£70m, according to reports.

Advisers are well placed to pick up new business driven by regulatory changes to the pension system, which could also result in a boom in estate planning specialists, according to Standard Life.

Partnership Assurance Group, the enhanced annuity specialist, has set its offer price at 385p per share meaning its implied market capitalisation for its initial public offering (IPO) is £1.5bn.

Insight Investment has launched the Insight Buy and Maintain Bond fund for Adam Mossakowski, aiming to provide diversified exposure to global corporate bonds.

The Bank of England has opted against further quantitative easing (QE) at Mervyn King's final Monetary Policy Committee meeting, dashing the governor's hopes of more stimulus.

The Financial Services Compensation Scheme (FSCS) is looking into whether it can help customers affected by the shut-down of Carleton Credit Union Limited in Portadown.

Lighthouse Group has compensated the former executive chairman, David Hickey, £259,000 following his resignation from the post in August last year.

The Financial Services Compensation Scheme (FSCS) is currently finalising the claims process for Fyshe Horton Finney (FHF), a stockbroker that entered the special administration regime (SAR) earlier this year.

Zurich has confirmed the full roll out of its retail platform for SimplyBiz, the provider of support services to advisers.