News

The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, David Miles has told the Financial Times.

Self-invested personal pension (SIPP) property investors are being stopped from leaving their current provider due to expectedly high costs, Suffolk Life claims.

Standard Life has revealed further details of its Retail Distribution Review (RDR) charging structures ahead of a 15 October ‘go live' date.

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.