News

Rachel Reeves has been promoted to shadow chief secretary for the Treasury in the Labour cabinet reshuffle, but her replacement in the pensions brief has not been announced.

The lastest round of quantitative easing (QE) has made gilts more expensive and may drive international bond investors to cash in on the asset class, fund managers warns.

The latest round of quantitative easing (QE) sparked a surprise rise in gilt yields yesterday, despite fears of long-term falls which could increase pension scheme liabilities.

The ETFM roundup brings you some of this week's ETF news.

Standard Life has revealed it is working with the National Employment Savings Trust to integrate the scheme into its proposition to clients ahead of auto-enrolment.

The European Fund and Asset Management Association (EFAMA) has identified pensions as a priority area for the industry going forward and supports a harmonised European pension plan.

Louise Colley from Aviva picked up the Outstanding Achievement Award at last night's COVER Excellence Awards.

Ratings agency Moody's has downgraded four iShares fixed income ETFs with exposure to Italian government debt.

Shares in RBS and Lloyds fell today as Moody's downgraded the senior debt and deposit ratings of 12 UK financial institutions, and said it expects the government will allow some smaller institutions to fail.

Guernsey continues to build on its commitment to meeting international standards of transparency and exchange of information in tax matters.