News

The government has rejected calls to prioritise a review of Financial Services Compensation Scheme (FSCS) funding.

UK consumer price inflation fell from 4.5% in May to 4.2% in June despite food prices remaining high.

The Financial Services Authority (FSA) has fined two former directors of Alpha 2 Omega (A2O), the adviser network which closed down in 2010, over compliance failings which led to the risk of customers receiving unsuitable investment advice.

Average UK house prices are unlikely to recover to their previous peak levels until around 2020, according to analysis by Pricewaterhouse Coopers (PwC).

During an era when some banks sought to establish themselves in the world of financial advice, one Lancashire independent financial adviser has turned the tables. Well, sort of...

Introducing a flat-rate state pension of around £140 per week will cut the number of pensioners living below the poverty line, the Pensions Policy Institute (PPI) said.

UPDATE 9am: Global stockmarkets have almost doubled losses seen in early trading on growing concerns the debt crisis in the eurozone may spread to Italy and Spain.

European leaders last night bowed to the inevitable and conceded Greece is likely to default on its massive debt burden, which would be a first among the 17 countries using the euro, according to reports.

Jim O'Neill, Chairman of Goldman Sachs Asset Management GSAM, gives his inimitable assessment of last Friday's economic news which delivered a number of negatives.

Lazard Asset Management is looking to Ireland to set up its latest fund based on the group's $500m multi-asset class emerging markets investment program.