News

Means testing for winter fuel allowance would reduce spending on pensioner benefits despite the administrative cost, the government has said.

Could 2012 be the year low cost active funds emerge as a savvy way to keep charges down, or will they be exposed as a get-out clause for managers trying to gain space in the post-RDR world?

Daniel Cawley, partner of 121 Financial Services, explains why, in his experience, structured deposits suit the majority of clients.

The chairman of the Financial Services Authority (FSA) has said regulators are "not clever enough" to spot problem areas and act quickly enough to prevent or limit their damage.

Phil Wagstaff is leaving his role as chief executive of Skandia Investment Group just two weeks after joining to become global head of distribution at Henderson Global Investors.

The eurozone faces a "mild" recession in the first half of next year, restricting full-year economic growth in the region to just 0.1%, according to Ernst & Young.

Invesco Perpetual's head of investment Neil Woodford said his favoured defensive blue chip names have recently delivered some confident trading updates, despite tough macroeconomic conditions.

Jack Malvey, chief global market strategist for BNY Mellon Asset Management, expects resolution of the medium term economic fate of Europe and the US election outcome will see equities rise as much as 15% next year.

Trust and fiduciary service provider, Vistra, has acquired Cynosure, a specialist corporate services provider focused on the establishment of Wholly Foreign Owned Enterprises (WFOEs) in China.

The Investment and Life Assurance Group (ILAG) has warned that increased publishing of decisions made by the Financial Ombudsman Service (FOS) could be a boon for claims management companies (CMCs).