News

Legal & General Investments (L&G I) has cut the annual management charges across its index fund range by five basis points, in a move to bolster the appeal of its passive proposition.

A BBC producer who was working on a Panorama programme about troubled overseas property agent Harlequin Property has left the corporation as it emerged that Harlequin is to take an allegation of bribery against him to the police.

Ashcourt Rowan has hired Brewin Dolphin investment manager Harry Burnham, who will join the firm's board after being released by Brewin.

Portugal's constitutional court has ruled against the country's planned austerity programme, putting its £78bn bailout package in jeopardy and creating a fresh crisis for the eurozone.

Company owners in emerging markets are still disadvantaged when it comes to creating global brands due to attitudes towards money management and wealth.

Credit rating agency Standard & Poor's (S&P) has warned of the continuing negative outlook for the UK economy, but reaffirmed its triple A rating for the country.

Changes to income tax that came into effect over the weekend will make work pay, according to Lib Dem minister Danny Alexander.

High earning workers will shift about £5bn into the new tax year to take advantage of the cut in top rate tax, the Sunday Times reports.

Cofunds has joined Skandia, Standard Life and Axa Elevate in lobbying fund managers for "super clean" share classes.

Business secretary Vince Cale is pushing forward on plans to ban three former HBOS directors from acting as company directors.