News

The euro weakened this morning as the cost of insuring French bonds climbed to a record, Spanish yields rose and european equities retreated for a second day.

Patrick Evershed lost his cool on his last day at New Star, attacking the firm's CIO for preventing him topping up a position in HBOS, an employment tribunal heard today.

January to March is the traditional EIS and VCT fundraising ‘season'. Matthew Brow, partner at RAM Capital Partners which markets the investments, gives a rundown of the New Year benefits on offer.

Pruprotect has introduced a premium saver option for its protection products that could see customers earning more than their first year's premiums back over five years.

PruHealth has expanded its Vitality programme to include group scheme members and Standard Life Healthcare customers.

The Financial Services Authority (FSA) has fined discretionary fund managers McInroy & Wood Limited (MWL) £15,050 for breaching the regulator's client money rules.

Axa PPP has taken over all underwriting of Permanent Health Company's private medical insurance (PMI) and dental products.

A former Lloyds TSB financial adviser, jailed earlier this year for stealing money from his children's school and clients, has been ordered to pay back his gains.

The Dublin-registered fund offers a global, diversified go-anywhere credit strategy for all market conditions.

Friends Life latest figures for third quarter of 2011 show that the International business continued the strong growth seen in the first half of 2011, with sales up 11% to £195m.