News

Sir Richard Branson is on the brink of buying the taxpayer-owned Newcastle bank Northern Rock in a £1bn deal as American rivals start to fall away.

The European ETP market has shown resilience in the face of volatility, growing 10% this year to the end of September.

The Association of Medical Insurance Intermediaries (AMII) has announced the programme for its Autumn Conference on 16 November and said it will also open to non-AMII members.

Swedish business publication Affärsvärlden has kicked off its annual investment competition by asking Signe, a basset hound, to pick her favourite funds.

More than half of advisers have yet to adjust their clients' protection needs in the wake of the removal of the default retirement age (DRA), according to Avelo.

Banks and providers will create services to help customers shop around for annuities if reforms to the open market option (OMO) succeed, Steve Lowe, director of external affairs at Just Retirement says.

Ten of this week's best-read stories...

The National Association of Pension Funds (NAPF) will publish a list of pension legislation it thinks should be scrapped in the new year.

ETFM provides a roundup of some of this week's ETF and indexing news.

Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).