News

A report by J.P. Morgan Asset Management says Japan is now well positioned to take advantage of significant Asian and Pacific trading potential.

European Wealth is looking to establish offices in Geneva and other European locations. At the same time it has appointed Nigel Davies to spearhead it's recently launched liquidity management service.

Cofunds has launched its client segmentation and updated fee flexibility functionality as part of the platform's efforts to help prepare advisers for the Retail Distribution Review (RDR).

The Financial Services Authority (FSA) has warned providers are still using confusion around independence requirements to promote unregulated collective investment schemes (UCIS) to advisers.

The FSA has sent letters to IFAs demanding information on their advice around, and dealings with, unregulated collective investment schemes (UCIS) for retail clients over the last four years.

The government cannot encourage people to save more, amid concerns a decline in spending could shut off the economic recovery, policy experts say.

World markets including the FTSE fell in early trading as weak economic data and Moody's downgrade of 15 banks unnerved investors.

Royal Bank of Scotland, Barclays and HSBC were among the list of the world's biggest banks to be downgraded by Credit rating agency Moody's last night.

The country's biggest banks have been accused by MPs of a massive mis-sale of complex interest rate swaps to thousands of businesses, the Telegraph reports.

Royal Bank of Scotland is likely to get £300m less than it expected for the sale of 318 branches to Santander, the FT reports.