News

The European Fund and Asset Management Association (EFAMA) has confirmed that the last quarter of 2011 saw a reversal of cash net outflows as investment fund assets worldwide increased by as much as 7.5% to reach €19.97 trillion at the end of the year....

International investment management and financial advisory firm, Genii Capital, has opened a new office in Geneva as part of its plans to expand its global network of business activities.

Goldman Sachs has been fined $22m by a US regulator for failing to prevent upcoming research from its analysts being passed on to its top clients.

Scottish Widows Investment Partnership(SWIP), the asset management arm of Lloyds, is shutting down a string of its regional investment desks with the loss of half its 38-strong management team, according to reports.

China's economy, the world's second-largest, has expanded at its slowest pace in almost three years.

The government must conduct a full review of the 'uncontrollable' cost of regulation and the impact it is having on businesses, according to Tenet.

Local council pensions have a total deficit of £54bn, equating to about £2,000 for every family in the country, according to research from the Taxpayers' Alliance.

The number of Guernsey-based qualifying recognised overseas pension schemes (QROPS) has been slashed by HM Revenue & Customs (HMRC) from 313 to just three.

Pension transfer providers believe The Pensions Regulator (TPR) should issue guidance to trustees to simplify and speed up the process, according to a government report.

UCIS TIPS