News

3pm update: European markets have bounced back from earlier falls following the release of positive economic data from the US.

Income giants Jupiter's Anthony Nutt and Invesco Perpetual's Neil Woodford are divided over the likelihood of the UK falling back into recession.

The Prime Minister David Cameron said the eurozone debt crisis presents an opportunity to reform the European Union and for powers to "ebb back" from Brussels to Westminster.

Independent advisers who deal compliantly in complex products such as unregulated collective investment schemes (UCIS) should charge a premium for the service from 2013, Threesixty's Tony Bray has said.

Sanlam UK subsidiary Sanlam Investments & Pensions has launched a range of risk-rated passive model portfolios.

Cofunds has denied its backers want out after a report emerged that shareholder L&G has made an offer for the platform.

Sesame Bankhall Group chief executive George Higginson has warned the advisory community it risks having further unwanted reforms thrust upon it if it does not better represent itself.

Stronger systems and controls are needed to limit conflict of interest issues arising from distributor influenced funds (DIFs), Tisa has said.

Patrick Evershed's case against former employers New Star took another turn today after it was revealed he signed an agreement to keep his fund open despite its increase in size.

Living on statutory sick pay (SSP) for just three months would result in significant financial hardship for the majority of UK workers and could even force some to move home, according to new research.