News

James Hay Partnership has joined forces with specialist wealth management firm Berry Asset Management to offer a self-invested personal pension to advisers.

Ingis Asset Management has hired Mira Bhogaita as portfolio manager on the UK equity team.

Nick Leeson, the trader whose wrong- way bets on Japanese stocks ruined Barings Plc, is joining a mediation firm to advise Irish borrowers looking to renegotiate debts in the wake of the real estate collapse, according to reports.

Activity in the UK housing market has hit a three-year high, surveyors report, supporting hopes of a revival that would help the economic recovery.

London & Colonial has raised concern over the continuing promotion of what it calls "questionable esoteric and overseas property developments" because of a loophole allowing IFAs to move such investments into unregulated environments.

The new City watchdog was last night fighting to defend its chairman amid accusations he enabled HBOS to pursue its reckless lending strategy.

LV= retirement and protection businesses both achieved 15% growth in 2012 according to its latest results.

Half of 25-34-year-olds plan to increase the amount they save into a pension this year, according to research from the National Association of Pension Funds.

Psigma Investment Management has cut the AMC on its discretionary fund range from 1% to 0.5% in a move to broaden its reach into the intermediary market.

A direct-to-consumer online protection provider has responded to claims that its critical illness cover is too basic, by stressing that the product will continue to develop as its simple online processes evolve.