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News

Economics / Markets

HNW investor confidence surges to three-year high

High net worth (HNW) investor confidence is at its highest level in three years, according to the DeVere group.

clock 11 March 2013 •

First time buyers

CBI demands £1.25bn Budget boost to housing market

The Confederation of British Industry (CBI) has urged the Chancellor to make house building and home finance the main plank of his upcoming Budget in order to boost confidence in the economy.

clock 11 March 2013 •

Managed solutions

SLI's Flockhart replaces Legget on UK Equity High Alpha

Standard Life Investments (SLI) has handed its £52m UK Equity High Alpha fund to UK equity analyst Henry Flockhart, who will replace Ed Legget as lead manager on the fund.

clock 11 March 2013 •

RDR

Wealth managers bear RDR gloom to post record growth

Total assets in UK wealth management reached a record high of £527bn in Q4 last year, despite fears regulation would dampen inflows and put pressure on costs.

clock 11 March 2013 • 3 min read

Managed solutions

Threadneedle set to soft-close Dicken's £1bn European fund

Threadneedle is preparing to soft-close Philip Dicken's £1bn Pan-European Smaller Companies fund.

clock 11 March 2013 •

Economics / Markets

Bank reforms not tough enough, MPs tell Osborne

The Commission on Banking Standards has told the government its plans to reform the UK's banking sector are not strict enough.

clock 11 March 2013 •

Offshore Investment

Dubai FSA warns on email scam

Dubai's Financial Services Authority (DFSA) has been forced to issue another alert to both the financial services community and members of the public of an email scam distributed in its name.

clock 11 March 2013 •

RDR

RDR named 'most significant' global advice change

The Retail Distribution Review (RDR) and a similar regulatory upheaval in Australia represent the most significant changes to the global financial advice industry in 2013, according to an influential US report.

clock 11 March 2013 •

Regulation

Tyrie writes to FSA over Bank of Ireland rate rise

Andrew Tyrie, the chairman of the Treasury Select Committee (TSC), has written to the Financial Services Authority (FSA) over a decision by the Bank of Ireland (BoI) to raise mortgage interest rates.

clock 11 March 2013 •

Offshore Investment

Confidence knock for Cypriot banking sector

The stark warning from Cyprus' outgoing finance minister that the island will run out of money come May has panicked depositors into withdrawing funds and causing the new finance minister to issue his own warning that the Cypriot banks will be at risk...

clock 10 March 2013 •
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