News

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.

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.