News

Royal Bank of Scotland (RBS) is set to undergo a major scaling-down of its investment banking arm.

The Public Accounts Committee has issued a damning report on the relationship between Her Majesty's Revenue and Customs (HMRC) and big business.

Economists have warned the Independent Commission on Banking (ICB)'s plans to ringfence UK banks' retail and investment divisions could threaten economic growth.

Skandia Investment Group (SIG) has appointed US-based DuPont Capital Management (DCM) to run the £100m mandate for its stand-alone Skandia High Yield Bond Fund.

Bernard Delbecque, Director of Economics and Research at by the European Fund and Asset Management Association (EFAMA), says the latest UCITS figures reflect continued investor uncertainty.

Initial agreements have been reached between union officials and the government over changes to some public sector pensions.

Bupa has introduced its first consumer dental insurance product.

The eurozone debt crisis will be resolved in 2012 with equity markets set to stage a strong recovery, according to Skandia Investment Group (SIG).

More than 100 MPs - almost a sixth - have signed an early day motion (EDM) calling on the government to reconsider its proposed changes to public sector pensions.

An IFA has claimed Standard Life removed him from his client's policies without instruction.