News

Nasdaq OMX and PC Bond, a provider of Canadian fixed income benchmarks, have joined forces to create a family of US Treasury indices.

The Financial Services Authority (FSA) has fined a Dubai based private investor $9.62m (£6m) for manipulating the closing price of securities on the London Stock Exchange, in the largest fine imposed by the FSA on an individual.

Take a look at our round-up of today's top stories from the nationals.

The Financial Services Authority (FSA) has cancelled the permissions of adviser Tracey McFadden for failing to turn in paperwork.

Friends Life Group said it is investigating drop-offs in persistency for some products ahead of the RDR despite a rise in sales of 24% in the nine months to September.

The death of "gravy train" tax breaks for solar power was inevitable, but other venture capital trusts could be right be clients, say advisers who invest in renewable energy.

The Chartered Insurance Institute (CII) is to introduce a Level 4 Certificate in Paraplanning, following in the footsteps of the Institute of Financial Planning (IFP), which launched a similar qualification last year.

AIFA chiefs have called for closer alignment between British and European regulation, and predicted further changes to the definition of independence.

Global markets received a much needed shot in the arm overnight as Italian prime minister Silvio Berlusconi's resignation offer reassured investors an end to the country's problems may be in sight.

The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".