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News

Investment

Iceland among household names opting for NEST

The National Employment Savings Trust (NEST) has announced 11 more large employers are using it for auto-enrolment.

clock 30 January 2013 •

RDR

Perspective joins forces with Chorley Building Society

A Chorley-based branch of national advisory group Perspective Financial has agreed to offer financial advice to members of Chorley Building Society.

clock 30 January 2013 •

Regulation

MF Global claimants in line for top-up compensation

Some MF Global claimants may be due a top-up compensation payment from the Financial Services Compensation Scheme (FSCS) following a High Court ruling.

clock 30 January 2013 •

Your profession

Axa Wealth cuts sales team by 30

Axa Wealth has cut its sales team by 30 staff in a bid to restructure the business following the completion of several projects.

clock 30 January 2013 •

Equities

FTSE 100 on course for best January in 15 years

London's leading share index is on course to record its best January performance since 1998, despite fears the UK economy could fall into a triple-dip recession later this year.

clock 30 January 2013 •

Investment

F&C reports £4.9bn outflow in Q4 and closes listed hedge fund

F&C Investments recorded a £4.9bn outflow in the fourth quarter of 2012, with AUM hit by strategic partner withdrawals and redemptions in its wholesale business.

clock 30 January 2013 •

Regulation

FSA: we will come down hard on firms after initial reviews

The Financial Services Authority (FSA) has said it will "come down hard" on those firms who continue to flout its rules after its first round of thematic reviews this year.

clock 30 January 2013 •

Wrap/platforms

NFU Mutual to launch platform

NFU Mutual is to launch a basic platform to give advisers and direct clients access to external fund groups for the first time.

clock 30 January 2013 •

Regulation

'Penny hasn't dropped' for advisers on RMAR issues

Most advisers are not aware that issues with the new Financial Services Authority's (FSA) reporting requirements will result in them being unable to complete parts of their reports accurately, according to one software provider.

clock 30 January 2013 •

Economics / Markets

EU exit threatens 'standard of living', says Pimco chief

Britain risks seeing its standard of living hit if it leaves the European Union, according to the head of the world's largest bond fund.

clock 30 January 2013 •
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