News

Three sales manager at Sinfonia Asset Management, the investment business of Tenet group, have been put on notice of redundancy after the company decided to stop marketing its proposition externally.

The Financial Ombudsman Service (FOS) this week published its latest complaints data for individual financial businesses. Here are some of the stand-out stats...

The retail sector is bearing the brunt of FSA fines in an indication it is being targeted by a retail-focused regulator, said compliance firm Wolters Kluwer Financial Services.

China could have 70 fund management companies by mid-2012, according to analysis by Z-Ben Advisors.

HSBC has listed a broad emerging markets ETF on the London Stock Exchange as it continues its focus on providing emerging markets access to its clients.

The Chancellor has confirmed he will deliver his Autumn Statement on 29 November, on the same day as the Office for Budget Responsibility (OBR) issues its latest economic forecasts.

George Osborne has said the government will stick to its austerity plans, although he has had to revise down already-weak growth forecasts for the UK, prompting fresh double-dip fears.

National Savings & Investments (NS&I) today announced both its fixed interest savings certificates and index-linked savings certificates have been withdrawn from general sale - because they are attracting too much investment.

Capital Economics' Roger Bootle is among 20 of the UK's leading economists urging the coalition to drop the 50p tax rate, calling the top levy a "self-defeating" way for the Treasury to raise money because it risks driving away the nation's wealth creators...

Downsizing to release equity from the home many not be the best option for the UK's over 55s according to trade body SHIP.