News

Tim Breedon, CEO of Legal & General (L&G), is to retire from the company at the end of 2012, when he will have completed a quarter of a century at the insurer.

The Federal Reserve will not pump extra money into the ailing US economy, but policymakers last night unveiled a new scheme which they hope will stimulate growth.

Ellipse has welcomed Dame Carol Black's pledge to press government for the removal of tax hurdles that prevent companies taking out employee health and absence management services.

Exeter Family Friendly is believed to be one of the first insurers to publicly revamp its protection products to accommodate the European Court of Justice (ECJ) ruling on gender based pricing.

National IFA 2plan Wealth Management is to be restructured to incorporate a network model, catering for registered individuals (RIs) and appointed representatives (ARs).

iShares has listed its first ETFs tracking the stocks of companies involved in producing commodities.

Deputy Prime Minister Nick Clegg has defended his party's support for the coalition's spending cuts and pledged to create a "firewall" to protect retail banking customers from speculative investments.

HM Revenue and Customs (HMRC) is slowly narrowing what it calls the 'tax gap' - the amount of tax that goes uncollected each year - but it is still falling some £35bn short, according to the latest figures.

AWD Chase de Vere has said it has no plans to offer any simplified advice, suggesting it would be unprofitable and pose too many regulatory concerns.

Fidelity's Anthony Bolton has said he remains a world equity market bull despite a global situation that he said resembles "a big game of poker".