News

M&G chief executive Michael McLintock has raked in nearly £700,000 after selling shares in parent company Prudential.

The Financial Services Authority is hiring a new chairman of the Financial Services Compensation Scheme - on a yearly salary of £75,000 for two days work a week.

Berkshire Hathaway has strengthened its investment team by hiring a hedge fund manager who previously paid over $5m to dine with Warren Buffett.

Figures from the Organisation for Economic Co-operation and Development (OECD) suggest activity in the UK fell for a sixth straight month in July and at its steepest rate since June 2010.

NatWest International has launched issue 8 of its Navigator International Account offering customers the chance of some positive returns in both rising and falling markets along with capital protection.

The Federation of European IFAs (FEIFA) has revamped and updated its recruitment and passporting information service providing UK IFAs with opportunities to expand into the EU or return to the UK in a post-RDR world.

RBS has launched the world's first ETF that tracks an index exclusively made up of Commodity Trading Adviser (CTA) managers.

SIPP provider Pointon York has announced it has received "several" approaches for a takeover.

Global ETF redemptions reached the highest level since June 2008 last week, with the majority in the SPDR S&P 500 ETF.

Seven men are facing jail after being convicted for their roles in an £8m boiler-room fraud pushing a bio-diesel investment.