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News

ETFs

Global ETFs had one of their strongest first halves, says iShares

Inflows into exchange traded funds during the first half of 2011 have far exceeded those in 2010.

clock 01 August 2011 •

Your profession

HSBC to axe 25,000 more jobs despite surprise profit hike

Banking giant HSBC has reported a surprise rise in profits but still plans to shed thousands of jobs and exit operations in 20 countries.

clock 01 August 2011 •

Your profession

Five things your clients will call you about this week

Working beyond the retirement age, an analysis of the latest tech bubble and equity income funds. It's IFAonline's round-up of the weekend's national newspapers.

clock 01 August 2011 •

Life Office

Ex-AIA chief eyes Aviva divisions

Mark Wilson, former chief executive of Asian life assurer AIA, is trying to raise private equity backing to bid for the non-core emerging markets businesses of Aviva, according to reports.

clock 01 August 2011 •

Economics / Markets

Markets rally as US agrees eleventh-hour deal

Global markets climbed overnight and in early trading on Monday on news the US has agreed an outline solution to its debt crisis.

clock 01 August 2011 •

Your profession

Ashcourt Rowan chair resigns

Peter Dew has stepped down as chairman of wealth manager Ashcourt Rowan after just over a year in the role.

clock 01 August 2011 •

Regulation

Govt brings forward move to help SMEs find equity finance

Financial secretary to the Treasury, Mark Hoban MP, has announced that two deregulatory amendments to the EU Prospectus Directive have been brought into effect a year early by the UK to help small businesses access equity finance more cheaply and effectively....

clock 01 August 2011 •

Economics / Markets

UK economy to grow at 'sluggish' rate: CBI

The UK economy will only grow at a "sluggish" rate this year, according to the CBI.

clock 01 August 2011 •

Economics / Markets

US agrees debt ceiling rise of $2.1trn

President Barack Obama has announced a deal to end the US debt crisis, which will raise the nation's debt ceiling by at least $2.1trn and cut the federal deficit by as much as $2.5trn over a decade.

clock 01 August 2011 •

Tax Planning

Danny Alexander: Cutting 50p tax rate in 'cloud cuckoo land'

Danny Alexander, the chief secretary to the Treasury, has ruled out cutting the top rate of tax, after former Tory chancellor Lord Lamont called for tax cuts over the weekend.

clock 01 August 2011 •
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