News

You can call the economic woe that's spreading across the EU a sovereign debt crisis, but best advice for IFAs with international clients is not to panic over currency markets, says forex specialists HiFX.

Discretionary investment managers have backed FSA plans to update qualification standards for the sector.

Meteor Asset Management has launched the latest version of its Kick-Out Plan range, with returns linked to the stock market performance of ten UK blue chips.

Advisers are being warned to react quickly to hikes in the fund charges levied against increasingly cost-conscious clients, who will demand they justify the impact on returns.

RBC Wealth Management has beefed up its Middle East desk with the appointment of two new directors.

Providers of European ETFs can double their funds' stated management fees through ancillary activities such as securities lending, other enhancements and trading activities, says a new research report from Deutsche Bank.

The Legal Services Consumer Panel has called for will-writing services to be regulated after saying it was "shocked" by the poor quality of some wills uncovered in a mystery shopping exercise.

The pensions and insurance industry must create a long term care (LTC) savings vehicle separate to other products to tackle the problem of growing care needs amongst the elderly, Axa said.

Ratings agency Moody's has said it may cut the US AAA debt rating, citing the "rising possibility" the US will default on its debt obligations.

Shares in BSkyB have rebounded after a 3% fall this afternoon as Rupert Murdoch bowed to pressure to withdraw his bid for the remaining 61% of the broadcaster.