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News

Offshore Investment

VAM offers new share class on US Mid Cap Growth fund

Demand from advisers has prompted VAM to launch a Sterling share class for its Luxembourg-based VAM US Mid Cap Growth Fund.

clock 04 October 2011 •

uncategorised

Unions have 'no appetite' for pension strikes: Maude

Cabinet Office minister and paymaster general Francis Maude yesterday claimed unions have no appetite for industrial action over pension reforms.

clock 04 October 2011 •

Investment

Robertson and Smith enter Chelsea's Relegation Zone

Standard Life's Karen Robertson and M&G's Aled Smith have both entered Chelsea Financial Services' infamous 'Relegation Zone'.

clock 04 October 2011 •

Offshore Investment

Consultants expand into emerging markets

Financial, actuarial and business consultants, LCP, has announced the expansion of its international network into Mexico, Russia and the Commonwealth of Independent States ("CIS") countries, with the addition of two new member firms: Vitalis Actuaires...

clock 04 October 2011 •

Economics / Markets

FTSE follows US markets down in early trading

The FTSE 100 has fallen a further 2.7% in early trading after the S&P 500 closed under 1,100 for the first time since September 2010.

clock 04 October 2011 •

Economics / Markets

S&P 500 hits year low on Greek bailout fears

The S&P 500 closed under 1,100 for the first time since September 2010 as eurozone ministers failed to reach a decision on the second phase of a bailout for Greece.

clock 04 October 2011 •

Wrap/platforms

Cofunds: FSA platform policy is undermining RDR

The regulator has missed a vital opportunity to provide clarity over platform rules and its current "cluttered" policy risks undermining RDR, Cofunds has warned.

clock 04 October 2011 •

Insurer

UK insurers seek 2013 start for Solvency II

The UK insurance industry is urging the FSA to push ahead with some parts of the Solvency II regime at the start of 2013, despite the fact the rest of the continent is likely to delay until 2014.

clock 04 October 2011 •

Economics / Markets

UK company managers expect double-dip recession

UK business managers are preparing for a double-dip recession and also warn the private sector will fail to replace jobs lost to public sector cutbacks.

clock 04 October 2011 •

Protection

PPI sales restrictions take effect

The Competition Commission's first set of remedies for payment protection insurance (PPI) were introduced on Saturday.

clock 03 October 2011 •
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