News

The National Institute of Economic and Social Research (NIESR) has forecast UK GDP will begin to pick up during the next two quarters but will not reach the government's 1.7% target.

F&C Asset Management saw net flows into its products turn positive in the first six months of the year, but the group faces a £10m payout for a lost legal dispute with the founders of its fund of hedge fund arm.

Life insurer Legal & General (L&G) posted better-than-expected first-half results on Wednesday, helped by strong performance at its investment management and international divisions.

A register of financial planning firms which meet set criteria is to be launched and made available to consumers.

Protection and private medical insurance complaints to the Financial Ombudsman Service (FOS) remained steady over the second quarter of the year.

The Royal College of Surgeons (RCS) has said it does not support Bupa's medical reviews for knee surgery because it has no input or control over the process.

Origen Retirement Solutions, the at-retirement arm of Aegon-owned advisory firm Origen Financial Services, has introduced a new system to speed up the annuity underwriting process.

The FSA has said it will issue further guidance on legacy assets to clarify its existing rules.

Fidelity's Ed Dymott has slammed the FSA's "shambolic" handling of platform regulation and said the delay in platform charging rules until after 2013 will create an "RDR 2".

The US Senate is expected to approve the debt ceiling deal this evening, ending months of political wrangling. IFAonline gives you the saga in numbers...