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News

ETFs

SPDR launches new fixed income ETF

SPDR ETFs, the exchange traded fund (ETF) platform of State Street Global Advisors (SSgA), has registered a new fixed income ETF for sale in the UK.

clock 17 November 2011 •

Economics / Markets

Round-up: Osborne to admit UK will miss deficit reduction target

Chancellor George Osborne is set to come under more pressure as it emerges the UK will miss its deficit reduction target whilst leader of the opposition Ed Miliband prepares to unleash a further attack on the coalition's economic policy…here's our roundup...

clock 17 November 2011 •

Mortgages

Treasury sells Northern Rock to Virgin for £650m loss

The Treasury has sold Northern Rock plc to a consortium led by Richard Branson's Virgin Money for £747m, at a £650m loss on the £1.4bn of capital it injected into the bank.

clock 17 November 2011 •

Offshore Investment

FEIFA to offer service aimed at Australian expats

In a joint initiative with Australian-based advisory firm Elston Partners, the Federation of European Independent Financial Advisers (FEIFA) is to offer financial advice services to Australian expats

clock 17 November 2011 •

Your profession

Hoban: Above average earners still unattractive to advice industry

Mark Hoban has insisted people on average to above average income are unattractive to the financial advice sector, and targeted this as the demographic for the Money Advice Service (MAS).

clock 17 November 2011 •

Investment

Demand for gold vehicles soars in Q3

Gold ETFs and similar products witnessed inflows of 77.6 tonnes in the third quarter of 2011, which was 58% above year-earlier levels of 49.1 tonnes.

clock 17 November 2011 •

Offshore Investment

iPad and iPhone app for European advisers

J.P. Morgan Asset Management has launched an iPad and iPhone application for European advisers and asset managers that gives fund information in a choice of six languages.

clock 17 November 2011 •

Europe

Moody's downgrades 10 German banks

Moody's has downgraded the credit ratings of 10 German public-sector banks, and taken action against another two, saying there is a lower likelihood the German government will step in with a bailout.

clock 17 November 2011 •

Employee Benefits

Warning council pension scheme cuts will force out half of workers

Around half of members of the local government pension scheme (LGPS) will opt out if the government pushes through pension reform, according to the GMB union.

clock 17 November 2011 •

Your profession

Trouble with the neighbours? The truth about non-solicitation agreements

Non-solicitation agreements are scripted to keep your clients out of poachers' 
pockets, but is having one just asking for trouble?

clock 17 November 2011 •
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