News

UK house prices continued to rise at a "fairly brisk pace" in August, according to the latest figures from Nationwide.

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

Skandia UK sales director Steve Powell has announced his intention to retire at the end of the year after 23 years with the company.

The US economy expanded at a much greater rate than expected, according to latest figures released this afternoon, helping push benchmark US treasury yields back up to 2.82%.

The chairman of Zurich insurance group has resigned days after the apparent suicide of chief financial officer Pierre Wauthier.

Sesame, the adviser network arm of Sesame Bankhall group, has reported a loss for 2012 of £9.3m - four times its losses in 2011 - as a provision for a regulatory fine took its toll.

Nominations are now being accepted for Best Fund Service Centre.

People who have sold properties that are not their main homes, and have not told HM Revenue and Customs (HMRC) about any profit on the sale, have one week left to pay up.

A regulator has told Money Boomerang to remove exaggerated pay out claims from its adverts for mortgage mis-selling claims.

Sales of self-invested personal pensions (SIPPS) at James Hay in the first half of the year were up significantly but profits and revenues were down.