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News

Mortgages

House prices remain 'surprisingly resilient' - Nationwide

Nationwide figures have today revealed average UK house prices rose by 0.4% in November and 1.6% on a year ago, adding to the mixed picture across the major house price indices.

clock 29 November 2011 •

Investment

Ex-New Star manager Thompson joins Brooks Macdonald

Brooks Macdonald Asset Management has bolstered its UK equity capabilities with the hire of ex-New Star manager Toby Thompson.

clock 29 November 2011 •

Pensions

NEST invites bids for sterling bond fund mandate

The National Employment Savings Trust Corporation (NEST Corp) today invited bidders for its actively-managed sterling bond fund mandate.

clock 29 November 2011 •

Investment

Parmenion offers Sarasin investment portfolios

Adviser support specialist Parmenion has linked up with Sarasin & Partners, to provide a range of investment portfolios.

clock 29 November 2011 •

Offshore Investment

Royal London 360° adds bond to wealth platform

IFAs and their clients now have access to a Royal London 360° offshore bond via the True Potential Wealth Platform.

clock 29 November 2011 •

Offshore Investment

Irish Funds Industry Association opens office in Asia


An Irish funds industry delegation led by former Taoiseach (Prime Minister) John Bruton, President IFSC Ireland, has announced the launch of new representative offices throughout Asia.

clock 29 November 2011 •

Economics / Markets

King: Euro area shocks 'could be worse than you imagine'

Bank of England governor Mervyn King has accepted UK economic growth will be flat over the next six months and has given a stark warning about potential shocks from the eurozone.

clock 29 November 2011 •

Economics / Markets

US banks got $1.2trn 'secret' bailout

The Federal Reserve gave out $1.2trn in loans to US banks secretly in 2008, Federal documents have revealed.

clock 29 November 2011 •

TCF

Rogue debt management firm owes £600K

Collapsed private debt management firm DebtDr owes £600,000 to its clients, a BBC investigation has revealed.

clock 29 November 2011 •

Employee Benefits

Unilever workers vote for pension strikes

Workers at Unilever, which manufactures products such as Marmite and Persil, have voted in favour of strike action over changes to their pensions.

clock 29 November 2011 •
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