News

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.

The Financial Services Compensation Scheme (FSCS) has already paid out nearly £2m in compensation to clients of the collapsed IFA network Alpha to Omega, and is looking into another 300 claims.

The FSA today warned firms promoting enterprise investment schemes (EISs) and venture capital trusts (VCTs) to beware marketing the products primarily on their tax incentives.

The UK's largest employers expect public health reform plans to cost their firms dearly as they are expected to pick up a greater share of health provision.

Openwork has promoted Mark Duckworth to managing director, distribution and marketing.

Friends Life has produced two new guides to help advisers to make the best use of social media.

Groupama Healthcare has announced enhancements to its online administration tool, EasyAdmin.

Hannah Beecham talks to experts who flag up the current issues concerning HMRC compliance and concomitant problems for IFAs.

Dublin-based Merrion Investment Managers is celebrating the first anniversary of its European Absolute Return Fund having achieved a positive absolute return of 9% - growing its AUM from $20m at inception to $33m.