News

The latest report by Eurekahedge says while all regional mandates witnessed losses in June, the Eurekahedge Japan Hedge Fund Index was up 0.25%.

Vince Cable has launched a fresh broadside at what he said was banks' "rip off" sales culture, which he said was "ingrained" in the market.

Britain has lost its status as the investment capital of Europe with flows of capital into and out of the country plunging since the crash of 2007, it was revealed.

The Financial Services Compensation Scheme (FSCS) levy will increase by £7.3m next year to meet the cost of the collapse of Southsea Mortgage and Investment Company, but only banks are likely to be affected by the rise.

Only a quarter (24%) of people applying for Employment and Support Allowance (ESA) are found sick or disabled enough to be awarded the benefit, according to latest government statistics.

The new managing director of the International Monetary Fund has told the US to resolve its debt ceiling "immediately" or risk "serious spillovers to the rest of the world".

Legal & General has revealed it paid £31.3m in group income protection (GIP) claims last year with 60% of people returning to work in less than six months.

LV= has launched a new version of its reference book; the "Little Book of Protection".

Fidelity International has launched a finance channel on YouTube for consumers and advisers.

Ashcourt Rowan has reported a 16% increase in turnover for the first quarter as the wealth manager looks to expand its footprint in the intermediary space ahead of RDR.