News

The shadow chief secretary to the Treasury, Rachel Reeves, has accused the government of failing to cut inefficiency and borrowing.

Life settlements fund EEA has generated nearly £40m in revenues in the last two months, despite its suspension following "unprecedented" redemption requests.

M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.

A "sophisticated" fraudster who headed up a criminal gang has been jailed for seven years for defrauding high street banks out of almost £8m through multiple fraudulent mortgage applications.

Merchant Capital has launched Merchant Wealth, a private client wealth management service.

Medicash has launched a new corporate health cash plan including unlimited NHS Cover, access to Best Doctors and direct payment of PMI excesses.

A partnership with international back office system providers, Broker Back Office, includes a 20% discount on all fees for FEIFA members.

ING Investment Management has announced the appointment of Patrick Chia as Head of Asian Fixed Income, based in Singapore.

The Pensions Ombudsman has ruled in favour of Standard Life after an investor complained the commission on his self-invested personal pension (SIPP) was not properly explained to him.

Greece will receive emergency funding of €130bn after a second bailout of the stricken nation was agreed.