News

The chief executive officer of part-nationalised British lender Lloyds Banking Group, Antonio Horta-Osorio, is taking a leave of absence for health reasons, a source with knowledge of the matter said according to reports.

Standard Life saw a marginal increase in gross inflows into its retail fee business in the three months to 30 September, as global financial markets volatility stunted investor sentiment.

International investment management firm, Baring Asset Management, has appointed Tom Mann as an investment manager in its International and World Equities team.

Financial services group St James's Place (SJP) recorded a 13% increase in sales to £154m in the third quarter, it said today.

GHC Fund Management has launched its Resilient range of OEICs on the Novia platform.

The Investment Management Association (IMA)'s head of tax Stephen Lynam is retiring after more than 30 years in the industry.

Greece's Prime Minister George Papandreou has called an emergency cabinet meeting for this afternoon as speculation mounts the country's government is about to collapse.

Legal & General has launched a new relevant life plan to enable employers to provide an individual death in service benefit for an employee.

Hector Sants, chief executive of the outgoing Financial Services Authority (FSA) has told MPs the industry holds the "flawed" belief its responsibility to consumers ends with providing product information at the point of sale, a situation the new regulator...

Pensions minister Steve Webb has been accused of "jumping on the bandwagon" and misleading the public on pension fund management charges.