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News

Economics / Markets

NBNK makes revised bid for Lloyds branches

NBNK has made a revised offer to Lloyds Banking Group to buy the 632 branches it was due to sell to Co-operative Group.

clock 12 April 2012 •

Income

Annuity rates rise after gilt yield bounce

Annuity providers marginally increased single life annuity rates this month following the rise in gilt yields to just under 3%, figures have shown.

clock 12 April 2012 •

Investment

Variable annuity sales face close EU monitoring

The sale of variable annuities and advice given to consumers will be closely scrutinised to limit potential mis-selling, a European Union (EU) pension body says.

clock 12 April 2012 •

Regulation

Keydata action group calls for FSCS backing in pursuit of 'real miscreants'

An action group representing hundreds of Keydata investors has called on the Financial Services Compensation Scheme (FSCS) to back its litigation against the multi-national firms which acted on the SLS Capital and Life Settlement Capital Bond Schemes....

clock 12 April 2012 •

uncategorised

Longevity errors could create £750bn pensions burden: IMF

Widespread errors in government estimates of life expectancy could end up costing taxpayers billions, the International Monetary Fund warns.

clock 12 April 2012 •

Your profession

Financial planner named in top five US jobs

Being a financial planner has been named one of the top five jobs in the US, according to a study based on government statistics.

clock 12 April 2012 •

Equities

US sues Apple over 'illegal' price fixing

The US Attorney General has filed a civil antitrust action against Apple and a number of publishers, accusing them of colluding to sell e-books for higher prices.

clock 12 April 2012 •

Investment

Lifespan errors could cause £750bn pensions burden

Widespread errors in government estimates of life expectancy could end up costing taxpayers billions, the International Monetary Fund (IMF) has warned.

clock 12 April 2012 •

Offshore Investment

The world's 'not so local' bank

HSBC says it is in talks to sell off operations in Pakistan and Korea as it continues with plans to scale back in territories which are not deemed profitable or have become underperforming retail operations.

clock 12 April 2012 •

Offshore Investment

New head for ultra high net worth clients at RBC

RBC Wealth Management has appointed Michael Kay to head up RBC's department for international ultra high net worth (UHNW) client credit solutions.

clock 12 April 2012 •
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